Monday, November 7, 2016

Daily Summary 7 Nov 16

Europe and Dow slightly down on Friday. Trend of Dow is sliding down. Dow's future is now +222. European bourses are up at this moment/

Asian bourses were mostly up. Nikkei +272, ShanghaiC +8, Hangseng +159. STI closed +20 at 2809. Volume was 1.8b shares. Gainers were 247 to 146 losers.

Short term trend of STI is seeing a first day of break up.

Top volumes were Noble +0.7, LionGold unchanged, Genting +4.5, GeoEnergy +2.5, SingPost -12.5, Ezra +0.2, Ezion +2, KrisEnergy +1.9, Equation +0.1, GlobalLogistic -2.

STI opened slightly up and moved up further in mid afternoon. It retreated slightly thereafter to close off its day high. Blue chips were mostly up. The general market was firmer.

Europe and Dow's future at this moment are up.


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