Wednesday, February 28, 2018

Daily Summary 28 Feb 18

European bourses closed slightly down last night. Dow fell 299 points to
close at 25410.  Trend of Dow is still pointing up.  Dow's future at this
moment is +8.  European bourses opened down.

Asian bourses were mostly down.  Nikkei -309, ShanghaiC -33, Hangseng -424.
STI closed -24 at 3516. Volume was 2b shares.  Gainers were 145 to 266

Trend of STI is seeing a first break from the uptrend.

Top volumes were LionGold unchanged, Genting -3, Accrelist  unchanged,
AlliedTech -0.2, GoldenAgri unchanged, ThaiBev -0.5, Jiutian -0.4,
MarcoPoloMarine -0.1, SingTel +1, HPHTrust +0.5.

STI opened up but turned negative in less than 30 minutes. It pulled back
slightly but dropped back to close marginally down for lunch. After lunch
STI went on a continuous slide to close near day low at -24.

Blue chips were mostly red. The general market was also weaker.

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

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