Friday, May 12, 2017

Daily Summary 12 May 17

European bourses closed mixed last night. Dow closed -24 at 20919. Trend of Dow is down. Dow's future at the moment is -39. European bourses opened up. 

Asian bourses closed mixed and flat. Nikkei -78, ShanghaiC +22, Hangseng +31. STI closed -16 at 3255. Volume was 2.2b shares. Gainers were 151 to 287 losers. 

Trend of STI is still up. 

Top volumes were DISA -0.1, Noble -21, MDR -0.1, Addvalue -0.2, ThaiBev -3, ISRCapital -0.1, SingTel unchanged, ImperiumCrown +0.7, MoyaAsia +0.4, Wilmar +33. 

STI opened flat but quickly slipped to negative. It stayed about -10 for most part of the session but fell a bit more in late trading to close at day low at -16. Blue chips were mostly in the red. The general market was weaker. Noble continued to be sold down, losing another 21 cents. In two sessions it has lost 50% of its value. 

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


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