Thursday, November 8, 2018

Daily Summary 8 Nov 18


European bourses and Dow were up last night.  Dow closed +545 at 26180.
Trend of Dow is up.  European bourses opened up.

Asian bourses closed mostly up but below their day highs.  Nikkei +404,
ShanghaiC -6, Hangseng +67.  STI closed +21 at 3087.  Volume was 1.7b
shares.  Gainers were 171 to 193 losers.

Trend of STI is hanging on to its short term up trend.

Top volumes were Genting -3, GSH +1.5, YZJ +1, SingTel -6, AEM -2.5,
ThaiBev +1, RichCapital unchanged, AdvanceSCT unchanged,  Ezion -0.1,
RexIntl -0.1.

STI opened up and hit day high after an hour. It fluctuated up and down the
opening level and closed for lunch near morning high. It stayed at the same
level after lunch but slid down in mid afternoon to close near day low but
still +21 points. Day high was +32.

Blue chips were mixed. The general market was slightly weaker.

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

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