Thursday, January 23, 2014

Daily Summary 23 Jan 14

Dow and Europe were slightly down last night. Dow -41 at 16373.  Dow's trend is down. Dow's future is now -30.  Europe opened marginally down.

Asian bourses were mostly down.  Nikkei -125, ShanghaiC -10, Hangseng -348.  STI -31 at 3103. Volumes were 3.1b shares.  Gainers were 139 to 335 losers.

Trend of STI is turning down.

Top gainers were KLW +0.2, KimHeng +1, Albedo unchanged, CharismaEner -0.2, Memstar -0.3, Viking +0.5, Hankore unchanged, MDR unchanged, Sunvic -11.5, MirachEner -0.4.

Market opened flat but fell after weak manufacturing data from China. Blue chips were mostly down with banks taking a hit. Penny and speculatives were also weaker.

Dow and Europe are looking a bit weak tonight.

No comments:

Post a Comment