Monday, January 26, 2015

Daily Summary 26 Jan 15

Europe were mostly up on Friday but Dow closed -141 at 17673. The break up from the recent falling short term trend is taking a break.  Dow's future is now -70. Europe opened slightly down.

Asian bourses were relatively flat and mixed.  STI closed -14 at 3397.  Volume was 1.5b shares.  Gainers were 209 to 281 losers.

Short term uptrend is still holding but weakening.

Top volumes were Tigerair +6, IHC unchanged, Armarda unchanged, GoldenAgri unchanged, Keppel Land +90, SIIC +0.2, Noble -3, Swiber +1, HPHTrust +1.5, KeppelCorp +6.

STI opened down and stayed down the whole session but within a small range. It closed near day low, -14 pts.  Blue chips were mixed. Penny and speculative stocks were also mixed.

Europe is improving at the moment but Dow's future is down.

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