Friday, December 14, 2018

Daily Summary 14 Dec 18

European bourses were slightly down last night while Dow closed +70 at
24597.  Short term trend of Dow is trying to turn back up.  European
bourses opened down.

Asian bourses closed mostly down.  Nikkei -457, ShanghaiC -40, Hangseng
-447.  STI closed -30 at 3081.  Volume was 1.1b shares.  Gainers were 134
to 224 losers.

The two days of gains in STI is seeing a signal to pull back.

Top volumes were MMPResources unchanged, Ezion -0.3, LionGold unchanged,
SingHaiyi -0.1, QTVascular unchanged, RexIntl -0.3, SingTel -4, ThaiBev
-1.5, Genting -1.5, YZJ -2.

STI opened marginally down but fell subsequently to close for lunch near
morning low. After lunch it traded at this level for an hour before moving
up a little to close off the day low at -30.  Day low was -42.

Blue chips were mostly red.  The general market was down.

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

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