Tuesday, January 20, 2015

Daily Summary 20 Jan 15

Dow was closed last night.  European bourses were higher. Dow's downtrend is breaking with the last gain on Friday.  Dow's future is now +45. Europe opened positive.

Asian bourses were mostly up today.  Nikkei +352, ShanghaiC +58, Hangseng +213.  STI closed +25 at 3332.  Volume was 1.4b shares.  Gainers were 294 to 167 losers.

Trend of STI is starting to turn up.

Top volumes were ResourcesPrima +2.5, SIIC +0.6, IHC -0.5, Xpress -0.1, Memstar unchanged, Blumont +0.1, WE unchanged, JES +0.3, MDR +0.1, Noble -0.5.

Market opened flat but moved up quickly to trade higher the whole day.  It closed near day high with +25 pts.  Blue chips were also mostly in the green. The general market saw more gainers than losers.

Europe and Dow's future are looking higher at the moment.

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