Monday, December 12, 2016

Daily Summary 12 Dec 16

Europe and Dow continued to run up on Friday. Dow closed +142 at 19757. Trend of Dow is up. Dow's future at this moment is +7. European bourses opened mixed.

Asian bourses were mixed. Nikkei +159, ShanghaiC -80, Hangseng -328. STI closed -9 at 2947. Volume was 2.6b shares. Gainers were 184 to 219 losers.

Trend of STI is weakening.

Top volumes were Noble +0.2, Ezra +1.2, Spackman +2.3, Ezion +3, QTVascular +0.1, RexIntl +0.6, KrisEnergy +2, AllianceMineral +0.2, NicoSteel -0.3, Genting -2.5.

STI opened up but slipped to negative after one hour of trading. It fell further through the session to close near day low. Blue chips were mixed but the general market was weaker.

European bourses flat and mixed at this moment while Dow's future is marginally up.


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