Monday, October 29, 2018

Daily Summary 29 Oct 18

European bourses and Dow were down on Friday.  Dow closed -296 at 24688.
Trend of Dow is down. The critical level to watch is 23,500. Breaking this
level would likely lead to a big fall in Dow.  European bourses opened up.

Asian bourses closed mixed.  Nikkei -35, ShanghaiC -57, Hangseng +75.  STI
closed +10 at 2982.  Volume was 1.6b shares.  Gainers were 149 to 183
losers.

Trend of STI is down.

Top volumes were PineCap unchanged, NicoSteel unchanged, Genting +1, YZJ
+6, ThomsonMed -0.1, Asiatic +0.2, Ezion unchanged, GoldenAgri -0.5,
ThaiBev unchanged.

STI opened up and stayed up for the whole session. It reached a day high in
the first hour of trading at 3005. Subsequently it drifted down a little
and stayed at between +10 to +15 for most part of the session.  It closed
near day low at +10.

Blue chips were mixed and the general market was slightly weaker.

European bourses are up at this moment while Dow's future is down.

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