Daily Summary 31 Dec 15

Europe and Dow were down last night. Dow closed -117 at 18743. Trend of Dow is levelling. Dow's future at the moment is +5. Europe is still closed at this moment.

Asian bourses were mixed and flat. Nikkei -1, ShanghaiC -22, Hangseng +39. STI closed +4 at 2889. Volume was 630m shares. Gainers were 157 to 159 losers.

Trend of STI is up but levelling.

Top volumes were ChinaSports +1.2, APAC -0.1, ImperiumCrown +0.2, MMP unchanged, Sincap +0.1, GenEnergy unchanged, RexIntl -0.4, ChinaEnv +0.3, Noble unchanged, Jiutian +0.3.

STI opened marginally up but slipped down quickly to stay slightly negative for the rest of the morning. It only recovered in the last half an hour to turn positive at +4. Blue chips were weaker. The overall market was mixed with almost equal gainers and losers.

Dow's future is marginally up at the moment.

Happy New Year.

Daily Summary 30 Dec 15

Europe and Dow were sharply up last night. Dow closed +193. Trend of Dow is starting to turn up again. Dow's future is now -44. European bourses opened mixed.

Asian bourses closed flat and mixed. Nikkei -9, ShanghaiC +9, Hangseng -117. STI closed -9 at 2879. Volume was 1b shares. Gainers were 177 and losers were 233.

STI is weakening and the uptrend may be faltering.

Top volumes were LionGold +0.1, Noble -4, GlobalTech +0.2, Addvalue unchanged, GeoEnergy -0.1, Terratech +0.5, Sincap -0.2, QTVascular -0.4, AceAchieve -0.1, IPCO -0.1.

STI opened slightly up but slipped down through the day to close near day low. Blue chips closed mixed. The general market was weaker.

European markets still mixed while Dow's future is still down at this moment.

Daily Summary 29 Dec 15

Europe closed mixed last night. Dow closed -24 at 17528. The uptick of Dow's chart is weakening. Dow's future is now +73. European bourses opened up.

Asian bourses were mostly up. Nikkei +108, ShanghaiC +30, Hangseng +86. STI closed +12 at 2887. Volume was 800m shares. Gainers were 237 to 164 losers.

Trend of STI is looking up.

Top volumes were Terratech -0.6, GlobalTech +1.2, Vashion unchanged, APAC +0.2, GeoEnegry -0.7, Xpress unchanged, YingLi +0.9, Jiutian -0.1, Cosco -3.5, AllianceMineral +1.2.

STI opened up marginally and stayed positive for the whole session but with small gains closing near day high but only +11 pts. Blue chips were mostly higher. The general market was also firmer with slightly more gainers than losers. Volume still remained below the 1 billion mark.

Europe and Dow's future are still positive at this moment.

Daily Summary 28 Dec 15

Europe closed mixed on Friday while Dow closed -50 at 17552. Trend of Dow is still trying to push up. Dow's future at the moment is -32. Europe opened a bit flat and mixed.

Asian bourses closed mixed. Nikkei +104, ShanghaiC -93, Hangseng -219. STI closed -3 at 2873. Volume was 700m shares. Gainers were 169 to 234 losers.

Trend of STI is still looking up.

Top volumes were Terratech +0.3, RexIntl -0.2, GeoEnergy unchanged, Noble -1, SumMoon +0.2, Cosco -4.5, Jumbo +1.5, Genting +0.5, Xpress -0.2, SinoTech unchanged.

STI opened slightly up but drifted down through the day to closed marginally down. Blue chips were mixed. The general market was slightly weaker. Volume was a new low of 700m shares valued at only $400m.

Europe and Dow's future are slightly on the down side at this moment.

Daily Summary 23 Dec 15

European bourses closed mixed last night but Dow gained 166 points to close at 17417. Trend of Dow is still down but trying to turn up. Dow's future at the moment is +31. European bourses opened up sharply.

Asian bourses closed mixed. Nikkei -29, ShanghaiC -14, Hangseng +211. STI closed +11 at 2864. Volume was 1.4b shares. Gainers were 255 to 172 losers.

Trend of STI is turning up.

Top volumes were Noble +2, RexIntl +0.9, Stratech +0.4, Cosco +7, Ezra +0.3, Spackman +0.9, Rowsley +0.4, AceAchieve +0.3, YZJ +3, Vallianz +0.1.

STI opened slightly up and stayed positive for the whole session but within a small range. Blue chips were seen a bit more gainers than losers. The general market was firmer.

Europe and Dow's future are positive at the moment.

Daily Summary 22 Dec 15

European bourses were down last night but Dow closed +123 at 17252. Trend of Dow is looking down. Dow's future at the moment is +21. European bourses opened up.

Asian bourses closed mixed. Nikkei -29, ShanghaiC +10, Hangseng +38. STI closed +3 at 2849. Volume was 1.3b shares. Gainers were 228 to 177 losers.

Trend of STI is looking down as well.

Top volumes were Vashion unchanged, LionGold unchanged, Terratech -1, GlobalTech +0.8, Ezra +0.2, SinCap +0.3, Cosco +3.5, RexIntl +0.4, Noble +1, Addvalue +0.1, Artivision +0.3.

STI opened marginally up and traded sideways in a narrow band. Blue chips were generally firmer. The general market was also slightly firmer.

Europe and Dow's future are slightly up at the moment.

Daily Summary 21 Dec 15

Dow and Europe were sharply down on Friday. Dow -367 at 17129. Trend of Dow slipping down again. Dow's future is now +71. Europe opened firmly up.

Asian bourses were mixed. Nikkei -71, ShanghaiC +64, Hangseng+36. STI closed -7 at 2846. Volume was 1b shares. Gainers were 211 to 181 losers.

Trend of STI is sideways.

Top volumes were Terratech +1.9, Ezra +0.4, RexIntl +0.5, QTVascular +1.5, GoldenAgri +3, AceAchieve +0.5, GlobalTech +0.8, Noble +0.5, Cosco +6, PNE +0.1.

STI opened down with Dow -367 in Friday. It recovered some lost ground to close -7. Blue chips were mixed. The general market was slighly better. Overall market was steady.

Europe has opened strongly. Dow's future is still up at the moment.