Thursday, April 12, 2018

Daily Summary 12 Apr 18

European bourses and Dow were down last night.  Dow -219 at 24189.  Trend
of Dow is still poised to move up but the market is spooked by Trump's
threat to strike Syria. Dow's future at this moment is +36.  European
market opened flat and mixed.

Asian bourses mostly down. Nikkei -33, ShanghaiC -28, Hangseng -124.  STI
closed -16 at 3464.  Volume was 1.6b shares.  Gainers were 174 to 202
losers.

Trend of STI is looking up.

Top volumes were Rowsley -0.4, Genting +3, KrisEnergy +0.3, MoyaAsia +0.5,
Hyflux +5, Dragon -0.9, HPHTrust unchanged, Ausgroup +0.1, SingTel -5,
AlliedTech unchanged.

STI opened up but turned negative after half an hour. It slid down a bit
more through the day to close at day low at -16.

Blue chips were mixed. The general market was weaker.

European bourses are still rather flat at this moment. Dow's future is
still slightly up.

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