Friday, January 22, 2016

Daily Summary 22 Jan 16

Europe and Dow were up last night. Dow closed +116 at 15883. Trend of Dow is still down. Dow's future is now +124. European bourses opened firmly up.

Asian bourses rebounded strongly form yesterday's losses. Nikkei +941, ShanghaiC +38, Hangseng +538. STI closed +48 at 2581. Volume was 1.5b shares. Gainers were 284 to 167 losers.

Trend of STI is still down.

Top volumes were LincEnergy +1, Noble +1, GlobalLogistic -3, Stratech +0.1, Ezra +0.2, RexIntl +0.5, SingTel +7, Capitaland +4, Equation unchanged, GoldenAgri +1.

STI opened up but gave up some of its gain by noon on profit taking. It recovered and continue to move up to hit a day high at 4pm before closing off its day high. Blue chips were mostly green. The general market were firmer.

Europe and Dow's future are up at the moment.


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