Thursday, January 28, 2016

Daily Summary 28 Jan 16

European bourses were slightly up last night. Dow fell -223 closing at 15944. Trend of Dow failed to make the golden crossing but not swinging back down yet. Dow's future is now +130. European bourses opened marginally up.

Asian bourses were mixed. Nikkei -122, ShanghaiC -78, Hangseng +143. STI closed +13 at 2559. Volume was 970m shares. Gainers were 188 to 220 losers.

Trend of STI has stopped falling for the moment.

Top volumes were Secura IPO closing at 22.5, GlobalLogistic +2, SingPost -9, Noble -0.5, Ezra -0.1, ChinaSports -0.1, GoldenAgri +1, SunMoon -0.1, SingTel +5, ThaiBev +0.5.

STI opened down but turned up quickly. It stayed positive for the rest of the session closing near day high. Between noon and 3pm it was lower but still positive. Blue chips were slightly firmer. The general market was weaker with more losers than gainers. Volume was below 1b shares.

European bourses are slightly positive and Dow's future is also up at the moment.


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