Friday, May 4, 2018
Daily Summary 4 May 18
European bourses closed down last night but Dow was +5 at 23930. Trend of
Dow is down. Dow's future at this point is flat. European bourses are
mixed on opening.
Asian bourses closed mostly down. Nikkei -35, ShanghaiC -10, Hangseng
-387. STI closed -30 at 3545. Volume was 2.1b shares. Gainers were 148
Trend of STI is turning down.
Top volumes were Ezion -1.1, Genting unchanged, Vallianz -0.1, ThaiBev -1,
SingTel -2, GoldenAgri unchanged, HPHTrust -0.5, YZJ -3, Noble +0.4,
STI opened slightly down but kept going down to a morning low by mid
morning. It then pulled back to close off its morning low for lunch. After
lunch it stayed level for an hour and started to slide down further to
close near day low at -30.
Blue chips were mostly down. The general market was down.