Monday, November 21, 2016

Daily Summary 21 Nov 16

Europe and Dow were slightly down on Friday. Dow closed -36 at 18868. Dow's trend is flattening. Dow's future at this moment is +10. European bourses opened marginally up.

Asian bourses closed mostly up. Nikkei +139, ShanghaiC +26, Hangseng +16. STI closed -16 at 2822. Volume was 1.8b shares. Gainers were 157 to 252 losers.

Short term trend of STI is slipping down.

Top volumes were Equation +0.2, Noble +0.1, Genting +2, GoldenAgri +0.5, Metech +0.1, MoyaAsia +0.1, ThaiBev -1.5, Mercurius +0.2, SingTel -6, Ezra +0.1.

STI open slightly down and stayed down for the whole session. It slipped further down after late monring and continued the down trend in the afternoon to close near day low. Blue chips were weaker. The general market was also weaker with more losers than gainers.

European bourses and Dow's future are slightly up at this moment.


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