Tuesday, January 26, 2016

Daily Summary 26 Jan 16

Europe and Dow were down last night. Dow closed -208 at 15885. The two days of gains proved shortlived and the trend reversal is weakening. Dow's future at the moment is -150. European bourses opened down.

Asian bourses fell again. Nikkei -403, ShanghaiC -187, Hangseng -479. STI closed -36 at 2546. Volume was 900m shares. Gainers were 130 to 288 losers.

Trend of STI starts to fall back down.

Top volumes were Noble -1, Ezra -0.4, SingTel -7, GlobalLogistic -3, HPHTrust unchanged, Spaclman -0.3, ChinaSports -0.1, Ezion -2, AscendasReit -1, OCBC -8.

STI opened slightly down and stayed at that level till noon before falling further. It kept on sliding down to close near day low. Blue chips were mostly in the red and so was the general market. Volume was a low of 900m shares.

Europe and Dow's future at the moment are all down.


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