Monday, January 20, 2014

Daily Summary 20 Jan 14

Dow and Europe closed positive on Friday.  Dow +42 at 16459.  Dow's trend is down. Dow's future is now -15.  Europe opened down.  

Asian bourses were weaker.  Nikkei -93, ShanghaiC -14, Hangseng -204.  STI closed -16 at 3131.  Volume was 3.5b shares.  Gainers were 143 to 291 losers.

Trend of STI is flat but weakening.

Top volumes were MirachEner +3.3, CharismaEner -0.2, Hankore -0.5, KLW unchanged, Albedo -0.1, Transcu unchanged, Federal +0.5, CNA +0.6, MDevt unchanged, Innopac -0.2.

Market opened down and remained down throughout the session. It closed near day low. Blue chips were weaker. Penny and speculatives were mixed and more to the weaker side. Rotational play still on some stocks.   MirachEner +3.3, APStrat +6, Dukang +3.

Europe have started to turn positive. Dow is still flat.

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