Friday, May 5, 2017

Daily Summary 5 May 17

European bourses were slightly up last night. Dow closed -6 at 20951. Trend of Dow is still rather flat at this point. Dow's future is now -14. European bourses opened down. 

Asian bourses closed mostly down. Nikkei closed, ShanghaiC -24, Hangseng -208. STI closed flat at 3229. Volume was 4.2b shares. Gainers were 174 to 256 losers. 

Trend of STI still up and seeing day of small weakness. 

Top volumes were MDR +0.1, Addvalue +0.9, MoyaAsia +0.2, DISA +0.1, Yuuzoo -0.4, AllianceMineral -4, Artivision +0.2, ISRCapital unchanged, Oceanus unchanged. 

STI opened slightly up but fell after an hour of trading. It stayed slightly down for the rest of the session but closed flat. Blue chips saw a bit more losers than gainers. The general market was weaker for a Friday session. 

European bourses and Dow's future are negative at this moment.


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