Monday, May 6, 2019

Daily Summary 6 May 19


European bourses were up on Friday.  Dow was +197 at 26505.  Trend of Dow
is pulling up a bit.  European bourses opened sharply down caused y Trump's
threat of tariff hike.  Dow's future at this moment is -482.

Asian bourses were sharply down on opening and remained down on closing.
Nikkei closed, ShanghaiC -172, Hangseng -872.  STI closed -101 at 3291.
Volume was 1.4b shares.  Gainers were 94 to 336 losers.

Trend of STI has broken down.

Top volumes were IntlCement unchanged, Genting -2, YZJ -4, ThomsonMed -0.1,
AnchorResources -0.1, AscendasReit +3, Capitaland -7, RexIntl -0.4, NetLink
-0.5, ThaiBev -1.5.

STI opened -63 and continued to fall and close at day low for lunch at
3270.  After lunch it recovered slightly and closed at 3291, off the day
low.

Blue were nearly all in the red. The market was mostly down.

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

No comments:

Post a Comment