Monday, March 5, 2018

Daily Summary 5 Mar 18

European bourses were down on Friday. Dow also fell closing -77 at 24538.
Trend of Dow is at the beginning stage of breaking down from the recent up
trend.  Dow's future at this moment is -114.  European bourses opened

Asian bourses closed mostly down with Hangseng falling sharply with the
threat of a trade war. Hangseng -697, ShanghaiC +3, Nikkei -140.  STI
closed -36 at 3443.  Volume was 2.3b shares.  Gainers were 128 to 318

Trend of STI is breaking down.

Top volumes were infinio unchanged, Genting -3, DISA -0.1, Jiutian -0.2,
Rowsley -0.5, QTVascular +0.1, HPHTrust -1, JEP -0.4, SembcorpMarine -12,
NicoSteel unchanged.

STI opened up but continued to fall immediately through the day. It was
negative after half an hour of trading and closed for lunch firmly down.
After lunch it continued to fall to close near day low at -36.

Blue chips were mostly in the red.  The general market saw loser to gainer
ratio at 3:1.

European bourses have turned positive at this moment while Dow's future is

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