Tuesday, January 13, 2015

Daily Summary 13 Jan 15

European bourses were up last night but Dow -97 closing at 17641.  Trend od Dow is starting to turn down.  Dow's future is now +21.  Europe opened mixed.

Asian bourses were mixed as well. Nikkei -110, ShanghaiC +7, Hangseng +190.  STI closed -6 at 3339.  Volume was 1.6b shares.  Gainers were 175 to 246 losers.

Trend of STI is slipping down.

Top volumes were Memstar +0.1, IHC unchanged, Noble -7.5, IHH -2, ChinaEnv -0.4, GoldenAgri unchanged, APAC unchanged, SIIC -0.2, ResourcesPrima -0.3.

Market opened down but turned positive in the first half of the morning. It then slid down and remained relatively flat and closed at -6. Blue chips were seeing a bit more losers than gainers. Penny and speculatives were generally weaker.

Europe is starting to slip to negative at the moment while Dow's future is slightly positive.

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