Thursday, December 8, 2016

Daily Summary 8 Dec 16

Europe and Dow were strongly up last night. Dow closed +298 at 19545. Trend of Dow is up. Dow's future at this moment is +12. European bourses opened up.

Asian bourses were mostly up. Nikkei +269, ShanghaiC -7, Hangseng +61. STI closed flat at 2959. Volume was 1.8b shares. Gainers were 210 to 204 losers.

Trend of STI is up.

Top volumes were Noble +0.1, NicoSteel +0.5, Spackman -0.4, KrisEnergy +1, Genting -3.5, AllianceMineral -0.1, Ezion +1, SingTel +1, SunMoon unchanged, GoldenAgri unchanged.

STI opened up, moved up a few more points in mid session and started to slip back in mid afternoon to close nearly flat. Blue chips were mostly up but some profit taking set in especially among the banks. The general market was mixed.

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


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