Tuesday, April 11, 2017

Daily Summary 11 Apr 17

Europe were slightly down last night. Dow closed +2 at 20658. Short term trend of down is flat at this juncture. Dow's future at this moment is -18. European bourses opened slightly down. 

Asian bourses closed mostly down. Nikkei -50, ShanghaiC +19, Hangseng -174. STI closed -7 at 3175. Volume was 2.2b shares. Gainers were 186 to 251 losers. 

Trend of STI is slightly pointing up. 

Top volumes were Artivision -0.2, ChinaMed unchanged, Noble -0.4, Spackman +0.1, DISA unchanged, GoldenAgri -0.5, SinCap -0.1, Chasen +0.3, Kimly +0.5, Amplefield +0.4. 

STI opened flat and turned marginally up for an hour before slipping to stay negative for the rest of the session. Market is quiet, probably cautious due to the fear of war in East Asia. There were slightly more gainers than losers among the blue chips. The general market was weaker. 

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


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