Thursday, January 23, 2020

Daily Summary 23 Jan 20

European bourses and Dow were down last night.  Dow closed -10 at 29186.  Trend of Dow is still up.  European bourses opened down.

Asian bourses fell sharply with more cases of Wuhan virus infection.  Nikkei -236, ShanghaiC -84. Hangseng -432.  STI - 19 at 3235.  Volume was 2.2b shares.  Gainers were 173 to 313 losers.

Trend of STI is turning down.

Top volumes were ReenovaInvestment +0.1, Medtecs +0.7, Ntegrator unchanged, GoldenAgri -05, RexIntl -1.4, Ausgroup -0.5, OEL -0.5, YZJ -3, Jiutian -0.1, CapitaComTr -1.

STI opened marginally down  and made a come back to positive before falling after mid morning to close -8 for lunch.  After lunch it fell all the way to close near day low at 3235. Day low was 3231.

Blue chips were mostly red. The general market saw gainer loser ratio at 1 to 2.

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

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