Wednesday, January 4, 2017

Daily Summary 4 Jan 17

European bourses were mixed last night. Dow closed +119 and broke the last 3 days of falls. Dow's future is now +22. European bourses opened flat.

Asian bourses closed mostly up. Nikkei +480, ShanghaiC +24, Hangseng -16. STI closed +20 at 2919. Volume was 2.2b shares. Gainers were 246 to 143 losers.

Trend of STI is turning up with a golden crossing.

Top volumes were Equation +0.1, Noble +0.2, Charisma +0.1, Ezra +0.1, AllianceMineral +0.4, Genting +3.5, Spackman unchanged, Yuuzoo +0.4, SweeHong +0.3, MermaidMaritime +1.4.

STI opened flat but recovered and was positive after one hour of trading. It stayed at +20 points for most part of the day, moving up another 10 points in mid after. It pulled back to close +20 points in the last half hour.

European bourses are mixed at this moment while Dow's future is a slightly up.


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