Friday, March 16, 2018

Daily Summary 16 Mar 18

European bourses and Dow closed up last night.  Dow closed +116 at 24874.
Trend of Dow is not showing any strength to resume its uptrend.  Dow's
future at this moment is -50.  European bourses opened mixed.

Asian bourses closed mostly slightly lower.  Nikkei -119, ShanghaiC -21,
Hangseng -39. STI closed 6 at 3512.  Volume was 1.8b shares.  Gainers were
170 to 226 losers.

Trend of STI is flat at this point in time.

Top volumes were MarcoPoloMarine -0.1, SingTel +7, ThaiBev -0.5,
FalconEnergy -0.2, Jiutian -0.1, Cosco -1.5, Singpost unchanged, Genting
+1, YZJ +3, HPHTrust unchanged.

STI opened slightly down and stayed that way for the whole session. It
attempted to break to positive several times but unable to do so and closed
at -6.

Blue chips closed slightly weaker.  The general market saw more losers than

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

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