European bourses were down last night. Dow closed +125 at 28859. Trend of Dow is up. European bourses opened mixed.
Asian bourses closed mixed. Nikkei +227, Shanghai closed, Hangseng -137. STI closed -19 at 3152. Volume was 1.9b shares. Gainers were 184 to 292 losers.
Trend of STI is down.
Top volumes were Medtecs -6.1, OEL -0.8, AsiaPhos -1.4, GoldenAgri -1, AsiaMedic -0.2, HealthwayMed -0.6, RexIntl +0.1, Genting -1, AusGroup unchanged, SingTel -7.
STI opened marginally up and moved higher quickly to 3186 before sliding down to negative and closed for lunch at 3165. After lunch it continued to fall before pulling back slightly to close at 3152.
Blue chips were mixed but the general market was weaker.
European bourses are mixed at this moment while Dow's future is down.
This is a blog on the Singapore Stock Market with reports from the broking houses and some commentaries by me. Readers are advised to take the reports with an open mind and to make their own analysis as the market is dynamic and things change very rapidly. Follow the reports and recommendations at your own risk.
Friday, January 31, 2020
Thursday, January 30, 2020
Daily Summary 30 Jan 20
European bourses and Dow were up last night. Dow closed +12 at 28734. Trend of Dow is up. European bourses opened sharply down with the continuing fear of the Wuhan virus spreading.
Asian bourses fell sharply. Nikkei -402, ShanghaiC closed, Hangseng -712. STI closed -14 at 3169. Volume was 2.35b shares. Gainers were 208 to 347 losers.
Trend of STI is slipping down.
Top volumes were OEL +1.4, Medtecs -2.3, Ntegrator -0.1, AusGroup -0.1, RexIntl -0.7, AsisPhos +0.4, HealthwayMed -0.4, Jiutian -0.1, YZJ -2.5, Genting unchanged.
STI opened marginally up and moved up a bit more to hit 3191 in half an hour, the high of the day. It then reversed down and closed for lunch at morning low at 3164. After lunch it hovered at this level before falling to day low at 3153 after mid afternoon. There was a bit of pull back in the last hour to close at 3169.
Blue chips were mostly red. The general market was down.
European bourses and Dow's future are sharply down at this moment.
Asian bourses fell sharply. Nikkei -402, ShanghaiC closed, Hangseng -712. STI closed -14 at 3169. Volume was 2.35b shares. Gainers were 208 to 347 losers.
Trend of STI is slipping down.
Top volumes were OEL +1.4, Medtecs -2.3, Ntegrator -0.1, AusGroup -0.1, RexIntl -0.7, AsisPhos +0.4, HealthwayMed -0.4, Jiutian -0.1, YZJ -2.5, Genting unchanged.
STI opened marginally up and moved up a bit more to hit 3191 in half an hour, the high of the day. It then reversed down and closed for lunch at morning low at 3164. After lunch it hovered at this level before falling to day low at 3153 after mid afternoon. There was a bit of pull back in the last hour to close at 3169.
Blue chips were mostly red. The general market was down.
European bourses and Dow's future are sharply down at this moment.
Wednesday, January 29, 2020
Daily Summary 29 Jan 20
European bourses and Dow were up last night. Dow closed +187 at 28723. Trend of Dow is looking up again. European bourses opened up.
Asian bourses closed mixed. Nikkei +164, ShanghaiC closed. Hangseng fell sharply -789. STI closed +3 at 3185. Volume was 1.7b shares. Gainers were 269 to 226 losers.
Trend of STI is looking down.
Top volumes were Medtecs +2.4, Healthway Med -0.2, AsiaMedic unchanged, UGHealthcare +12.5, GoldenAgri -0.5, RexIntl +0.6, MarcoPoloMarine +02, ThomsonMed unchanged, Ntegrator +0.1, Genting -0.5.
STI opened flat and moved up to reach day high at 3194 in the first 30 min of trading. It fell back slightly to close for lunch at 3187. After lunch it fell and was at day low at 3173 one hour before closing. It pulled back slightly to close at 3185.
Blue chips were mixed. The general market was a bit firmer.
European bourses and Dow's future are up at this moment.
Asian bourses closed mixed. Nikkei +164, ShanghaiC closed. Hangseng fell sharply -789. STI closed +3 at 3185. Volume was 1.7b shares. Gainers were 269 to 226 losers.
Trend of STI is looking down.
Top volumes were Medtecs +2.4, Healthway Med -0.2, AsiaMedic unchanged, UGHealthcare +12.5, GoldenAgri -0.5, RexIntl +0.6, MarcoPoloMarine +02, ThomsonMed unchanged, Ntegrator +0.1, Genting -0.5.
STI opened flat and moved up to reach day high at 3194 in the first 30 min of trading. It fell back slightly to close for lunch at 3187. After lunch it fell and was at day low at 3173 one hour before closing. It pulled back slightly to close at 3185.
Blue chips were mixed. The general market was a bit firmer.
European bourses and Dow's future are up at this moment.
Tuesday, January 28, 2020
Daily Summary 28 Jan 20
European bourses and Dow were sharply down yesterday. Dow was -454 at 28536. First big break down from the uptrend. European bourses opened up.
Asian bourses were mostly down. Nikkei -128, ShanghaiC and Hangseng closed. STI -60 at 3180. Volume was 2.4b shares. Gainers were 114 to 434 losers.
Trend of STI is breaking down.
Top volumes were Medttecs +6.8, HealthwayMed +0.7, Genting -3.5, AsiaMedic +0.2, CWXGlobal unchanged, RexIntl -1.3, AusGroup -0.5, Spackman -0.1, YZJ -5, SingTel -3.
STI opened -68 points and fell further to a low at 3144, -96. It then recovered to close for lunch at 3157. After lunch it continued to recover and hit a day high at 3190, -50, before closing at 3180.
Blue chips were mostly in the red. The general market was down and the ratio of gainers losers is 1 to 4.
European bourses and Dow's future are up at this moment.
Asian bourses were mostly down. Nikkei -128, ShanghaiC and Hangseng closed. STI -60 at 3180. Volume was 2.4b shares. Gainers were 114 to 434 losers.
Trend of STI is breaking down.
Top volumes were Medttecs +6.8, HealthwayMed +0.7, Genting -3.5, AsiaMedic +0.2, CWXGlobal unchanged, RexIntl -1.3, AusGroup -0.5, Spackman -0.1, YZJ -5, SingTel -3.
STI opened -68 points and fell further to a low at 3144, -96. It then recovered to close for lunch at 3157. After lunch it continued to recover and hit a day high at 3190, -50, before closing at 3180.
Blue chips were mostly in the red. The general market was down and the ratio of gainers losers is 1 to 4.
European bourses and Dow's future are up at this moment.
Thursday, January 23, 2020
Daily Summary 24 Jan 20
European bourses and Dow closed slightly down last night. Dow was -26 at 29160. Trend of Dow is still up. European bourses are closed at this moment.
Asian bourses were flat and mixed. Nikkei -13, ShanghaiC closed, Hangseng +11. STI closed +4 at 3239. Volume was 1b shares. Gainers were 153 to 182 losers.
Trend of STI is sideways.
Top volumes were Medtecs -0.1, RexIntl +0.7, Spackman +0.2, Genting -0.5, AusGroup +0.3, YZJ -2, OEL -0.1, JoyasIntl unchanged, GoldenAgri unchanged, Broadway +0.7.
STI opened flat and turned positive but fell again hitting morning low in half an hour at 3230. It then recovered slightly to close the session at 3239.
Blue chips were mixed. The general market was slightly weaker.
European bourses are closed at this moment while Dow's future is slightly positive.
Asian bourses were flat and mixed. Nikkei -13, ShanghaiC closed, Hangseng +11. STI closed +4 at 3239. Volume was 1b shares. Gainers were 153 to 182 losers.
Trend of STI is sideways.
Top volumes were Medtecs -0.1, RexIntl +0.7, Spackman +0.2, Genting -0.5, AusGroup +0.3, YZJ -2, OEL -0.1, JoyasIntl unchanged, GoldenAgri unchanged, Broadway +0.7.
STI opened flat and turned positive but fell again hitting morning low in half an hour at 3230. It then recovered slightly to close the session at 3239.
Blue chips were mixed. The general market was slightly weaker.
European bourses are closed at this moment while Dow's future is slightly positive.
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.
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.
Wednesday, January 22, 2020
Daily Summary 22 Jan 20
European bourses closed mixed while Dow was -152 at 29196. One year trend of Dow is up. European bourses opened up.
Asian bourses closed mostly higher. Nikkei +167, ShanghaiC +8, Hangseng +356. STI closed +6 at 3254. Volume was 2b shares. Gainers were 259 to 216 losers.
Trend of STI is pointing slightly up.
Top volumes were Medtecs +0.6, AsiaMedic -0.2, HealthwayMed +0.3, AusGroup -0.1, Ntegrator +0.2, ThomsonMed +0.1, YZJ -1, DISA -0.1, ThaiBev -2, Jiutian +0.2.
STI opened slightly down, turned positive for a brief moment before turning negative again. It eventually closed flat for lunch. After lunch STI dipped slightly before resuming to climb and closed near day high at 3254. Day high was 3259.
Blue chips were mostly up. The general market was slightly up.
European bourses and Dow's future are up at this moment.
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