Friday, February 23, 2018

Daily Summary 23 Feb 18


European bourses closed mixed and flat last night.  Dow closed +165 at
24962. The trend reversal from the pull back is still intact though looking
a bit weak.  Dow's future is now +81.  European bourses opened slightly
down.

Asian bourses closed mostly up.  Nikkei +136, ShanghaiC +21, Hangseng +301.
STI closed +44 at 3532.  Volume was 1.9b shares.  Gainers were 247 to 150
losers.

Trend of STI is up.

Top volumes were NicoSteel -0.1, JEP +1.5, Infinio unchanged, ThaiBev -2,
Magnus +0.1, Jiutian unchanged, Genting +1, SembcorpMarine -10, AusGroup
+0.2, Rowsley -0.1.

STI opened up and continued its climb through the day, making more gains in
the afternoon. It pulled back slightly in the last half hour closing off
its day high at +44. Blue chips were mostly green. The general market was
also firmer.

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

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