Wednesday, January 20, 2016

Daily Summary 20 Jan 16

European bourses were sharply up yesterday. Dow closed +28 at 16016. Dow's trend is down. Dow's future at the moment is -272. European bourses opened sharply down.

Asian bourses plunged sharply. Nikkei -632, ShanghaiC -31, Hangseng -750. STI closed -78 at 2560. Volume was 1.3b shares. Gainers were 100 to 362 losers.

Trend of STI is down.

Top volumes were Ezra -1.2, Noble -3, ChinaSports -0.3, Jiutian -0.3, Spackman -1.1, SingTel -8, Capitaland -12, GoldenAgri -2.5, YZJ -2, Koyo -0.1.

STI opened down and fell further through the day. It fell with the sell down in regional bourses and closed near day low. Blue chips were nearly all in the red. The general market was a sea of reds. Gainer loser ratio was nearly 1 to 4.

Europe and Dow are looking for a whacking tonight.


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