Monday, December 19, 2016

Daily Summary 19 Dec 16

European bourses were slightly up on Friday but Dow closed -9 at 19843. Trend of Dow is still up but flattening. Dow's future at the moment is -8. European bourses are slightly down.

Asian bourses closed mostly down. Nikkei -10, ShanghaiC -5, Hangseng -188. STI closed -23 at 2914. Volume was 1.8b shares. Gainers were 163 to 229 losers.

Trend of STI is turning down.

Top volumes were Spackman +0.4, Noble -0.4, NaturalCool +2.8, QTVascular +0.3, Magnus unchanged, Ezion +1.5, Ezra unchanged, GoldenAgri +0.5, Genting -1.5, SingTel -6.

 

STI opened marginally down but fell further and stayed down for the whole session . It closed at day low at -26. Blue chips were weaker and so was the general market.

European bourses and Dow's future are negative at this point in time.


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