Tuesday, November 8, 2016

Daily Summary 8 Nov 16

Europe and Dow were firmly up. Dow closed +371 at 18260. Trend of Dow saw a gap up from the recent weakness. Dow's future at this moment is -2. European bourses opened flat.

Asian bourses closed mostly up. Nikkei -6, ShanghaiC +15, Hangseng +108. STI closed +22 at 2823. Volume was 2.1b shares. Gainers were 234 to 197 losers.

Trend of STI is having an early break up.

Top volumes were Noble +0.3, KrisEnergy +.2.1, LionGold unchanged, Genting -1.5, GlobalLogistic +6, Equation unchanged, Yuuzoo +0.4, Spackman +0.3, GoldenAgri +1, HLH -0.1.

STI opened up but retreated to flat for the morning session. It started to move up during lunch and closed near day high. Blue chips were mostly up. The general market was firmer.

After yesterday's gains, European bourses and Dow's future at this moment are rather flat.


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