Monday, January 18, 2016

Daily Summary 18 Jan 16

Sharp falls in Europe and Dow on Friday. Dow -391 at 15988. Trend of Dow heading south. Dow's future is now +90. Europe opened up.

Asian bourses closed mixed. Nikkei -192, ShanghaiC +14 , Hangseng -283. STI closed -33 at 2598. Volume was 1.6b shares. Gainers were 113 to 369 losers.

Trend of STI is down.

Top volumes were Annica unchanged, Ezra -0.9, Magnus unchanged, Noble -2, Spackman -0.2, Koyo -28.2, Jiutian -0.2, ChinaSports -0.2, RexIntl -0.2, WE unchanged;.

STI opened down and stayed down the whole session. It closed near its day high with some short covering when Europe opened up.

Blue chips were mostly down led by the banks. The general market was down with gainers losers ration ar nearly 1:4.

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


No comments:

Post a Comment