Thursday, November 24, 2016

Daily Summary 24 Nov 16

European bourses were marginally down last night. Dow continued to make gains, closing +59 at 19083. Trend of Dow is turning up. Dow's future at the moment is -3. European bourses opened marginally up.

Asian bourses closed mixed. Nikkei +170, ShanghaiC flat, Hangseng -68. STI closed +23 at 2845. Volume was 1.3b shares. Gainers were 173 to 215 losers.

Trend of STI is still sideways at this point.

Top volumes were Noble -0.2, QTVascular +0.4, Blumont -0.1, SingTel +11, Accrelist unchanged, GoldenAgri +1, Genting -0.5, SenYue +0.4, NicoSteel +0.9, ThaiBev -2.

STI opened down and hit a low at 2814. It started to turn positive about lunch time and stayed up till closing but off its day high. Blue chips were mixed. The general market was weaker.

European bourses and Dow's future have started to turn positive at this moment.


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