Friday, January 17, 2020

Daily Summary 17 Jan 20

European bourses closed mixed last night.  Dow was +267 at 29298.  Trend of Dow is up  European bourses opened up.

Asian bourses closed mostly up.  Nikkei +108, ShanghaiC +2, Hangseng +173.  STI closed flat at 3278.   Volume was 2b shares.  Gainers were 295 to 199 losers.

Trend of STI is slightly up.

Top volumes were GoldenAgri unchanged, AsiaPhos +1.9, OEL +0.9, Sincap +0.3, RexIntl +1.1, AusGroup +0.1, AsiaMedic +0.2, BlackGoldNatural +0.2, LeyChoon +0.4, GCCP +0.2.

STI opened +5 but fell to slightly negative in less than an hour before returning to marginaly positive. It then fell back and closed for lunch slightly negative.  After lunch it continued to straddle slightly below negative and finally closed flat.

Blue chips were slightly firmer.  The general market was firmer.

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

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