Daily Summary 31 May 16

Europe closed rather flat while Dow was +45 at 17873. Trend of Dow is still slightly pointing up. Dow's future at the moment is +19. European bourses opened slightly down.

Asian bourses were mostly up. Nikkei +167, ShanghaiC +94, Hangseng +166. STI closed +1 at 2797. Volume was 1.9b shares. Gainers were 234 to 191 losers.

Trend of STI is looking up.

Top volumes were Cedar +0.1, Noble +1.5, Ezra -0.4, CMPacific +1, Ezion +2, ISRCapital -0.1, SingTel -3, GlobalLogistic -0.5, HPHTrust -0.5, HongkongLand -1.

STI opened up and moved higher but retreated in the last hour of trading to close flat at day low. Blue chips were firmer but closed lower from their day high. The general market was slightly firmer.

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

Daily Summary 30 May 16

Europe bourses were relatively flat on Friday but Dow closed +49 at 17873. Trend of Dow is looking slightly up. Dow's future at the moment is +35. European bourses opened mixed and flat.

Asian bourses were mostly up. Nikkei +233, ShanghaiC +3, Hangseng +53. STI closed -4 at 2798. Volume was 1.2b shares. Gainers were 199 to 219 losers.,

Trend of STI is still slightly up.

Top volumes were Noble -2.5, IPCO +0.1, Cedar -0.1, Terratech +0.6, Genting +2.5, Magnus -0.1, YingLi +0.5, Memstar -0.1, ISRCapital +2.3, Cityneon +5.

STI opened down and stayed down and flat for the session. Blue chips were mixed. The general market was slightly weaker.

European bourses and Dow's future at the moment were slightly on the up side.

Daily Summary 27 May 16

European bourses were slightly up last night but Dow closed -23 at 17828. Trend of Dow is still looking up. Dow's future at the moment is +8. European bourses opened slightly down.

Asian bourses were mostly up. Nikkei +62, ShanghaiC -1, Hangseng +180. STI closed +29 at 2803. Volume was 1.2b shares. Gainers were 235 to 159 losers.

Trend of STI is looking up.

Top volumes were Magnus unchanged, Noble -0.5, HPHTrust +2, ThaiBev +1, TechOil -1.5, Genting +2.5, Ezra -0.1, CMPacific unchanged, SingTel +7, RexIntl +0.1.

STI opened up and stayed up the whole session. It gained strength after lunch to continue its climb to close near day high. Blue chips were mostly higher led by the banks. The general market was also firmer.

European bourses are slightly down at this moment while Dow's future is marginally up.

Daily Summary 26 May 16

Europe and Dow continued their gains last night. Dow closed +145 at 17852. Dow is seeing the first sign of a trend reversal with a golden crossing. Dow's future at the moment is +16. Europe opened up.

Asian bourses were mostly up. Nikkei +15, ShanghaiC +7, Hangseng +29. STI +9 at 2776. Volume was 1.5b shares. Gainers were 208 to 206 losers.

Trend of STI is inching up.

Top volumes were Cedar unchanged, Magnus unchanged, Ezra +0.2, Spackman -0.2, Noble +0.5, Vallianz +0.1, OKHGlobal +0.1, RexIntl unchanged, SingTel +4, GlobalLogistic -1.

STI opened up and stayed up for the rest of the session. Blue chips were mostly gainers. The general market was mixed with gainers and losers about even.

Dow and European bourses are slightly up at this moment.

Daily Summary 25 May 16

Europe and Dow were firmly up last night. Dow +213 closing at 17706. Short term trend of Dow is turning up. Europe opened firmly up.

Asian bourses were mostly up. Nikkei +259, ShanghaiC -6, Hangseng +538. STI closed +23 at 2774. Volume was 1.8b shares. Gainers were 250 to 177 losers.

Trend of STI is firming up.

Top volumes were Noble unchanged, Spackman +0.6, Ezra -0.1, Annica unchanged, MDR unchanged, Cedar +01, QTVascular -0.8, Genting +0.5, GlobalLogistic +1.5, SingTel +1.

STI opened up and stayed up for the whole session. it drifted down slightly in late trading to close near day low but still +23. lue chips were mostly up. The general market was a bit firmer.

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

Daily Summary 24 May 16

Europe were down but Dow managed to lose 8 pts to close 17493 last night. Trend of Dow is still down but levelling. Dow's future is now -15. European bourses opened up.

Asian bourses were mostly down. Nikkei -156, ShanghaiC -22, Hangseng +21. STI closed -15 at 2752. Volume was 1.6b shares. Gainers were 128 to 258 losers.

Trend of STI is still showing a bit up but weakening.

Top volumes were Cedar -0.1, Ezra -0.4, MMPResources unchanged, QTVascular +1.2, Global Logistic -2.5, Noble -0.5, ThaiBev +3, AllianceMineral unchanged, Genting -1, WE unchanged.

Market opened down and slipped down further to stay down for the whole session. Blue chips were weaker. The general market was down with loser gainer ratio at 2:1.

European bourses are up at this moment while Dow's future is still a bit down.

Daily Summary 23 May 16

Europe and Dow were up on Friday. Dow closed +66 at 17561. Trend of Dow is slightly down. Dow's future at the moment is +36. European bourses opened down but turning positive at this moment.

Asian bourses were mixed. Nikkei -82, ShanghaiC +19, Hangseng -43. STI closed flat at 2763. Volume was 1.7b shares. Gainers were 203 to 233 losers.

Trend of STI is trying to turn up.

Top volumes were Magnus -0.1, Memstar -0.7, Spackman +0.5, Attilan unchanged, Noble -0.5, IPCO unchanged, GlobalLogistic -4, ISR Capital -0.1, Ezra -0.1, LionGold -0.1, GCCP -0.3.

STI opened flat but fell quickly to negative for half an hour and turned marginally positive for the main part of the session. It dipped slight to close flat at the end of the session. Blue chips were mixed while the general market was mixed.

Europe is still flat and mixed at the moment while Dow is slightly up.