Monday, January 20, 2020

Daily Summary 20 Jan 20

European bourses and Dow closed up on Friday.  Dow closed +50 at 29348.  Trend of Dow is up.  European bourses opened mixed.

Asian bourses closed mixed.  Nikkei 42,  ShanghaiC +20, Hangseng -261.  STI closed -5 at 3276.  Volume was 2.5b shares.  Gainers were 220 to 214 losers.

Trend of STI is sideways.

Top volumes were Ntegrator +0.6, OEL +0.6, Jiutian +0.5, GCCP +0.4, Blumont unchanged, QTVascular +0.2, AusGroup unchanged, Spackman +0.1, AsiaPhos -0.5, CapitalWorld +0.2.

STI opened flat but fell to negative in less than half an hour.  It moved up slightly but fell back again to close for lunch at 3272, -9.  After lunch it struggled to move up but unable to turn positive and closed at 3276.

Blue chips were mostly down.  The general market was mixed.

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

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