Friday, April 6, 2018

Daily Summary 6 Apr 18

European bourses and Dow were firmly up last night.  Dow closed +241 at
24505.  Trend of Dow has broken up. Dow's future at this moment is -233,
probably a reaction to Trump's called for more tariffs against China,
confirming a trade war. European bourses opened down.

Asian bourses closed mixed.  Nikkei -64, ShanghaiC -6. Hangseng +326.  STI
closed +37 at 3443.  Volume was 2.1b shares.  Gainers were 182 to 197
losers.

Trend of STI is breaking up.

Top volumes were KrisEnergy +1.1, Genting +6, Blumont unchanged, SinoCloud
unchanged, SingTel +4, HPHTrust +2, InnoPac unchanged, Cosco -1, Rowsley
-0.1, Ascendas +4.

STI opened slightly down but turned positive after half an hour of trading.
It then moved up through the day to close near day high at +37.  Blue chips
were mostly up.  The general market was slightly weaker.

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

No comments:

Post a Comment