Market Summary -- 15th Apr 11

FTSE STI closed 3,153.30, down 5.62 points or -0.18% with a total volume of 1.22b and a total value of S$1.15b.  Total number of advance vs decline was 189 vs 248.  Of the 30 component index stocks, 9 closed positive, 16 closed negative and 5 remained unchanged.  The top 5 gainer component stocks were :-

1. JMH 400US$  +0.660

2. JSH 500US$  +0.100

3. SIA  +0.060

4. Olam  +0.040

5. SingTel  +0.020

5. KepCorp  +0.020

The top 5 loser component stocks were :-

1. Jardine C&C  -0.160

2. DBS  -0.140

3. CityDev  -0.100

4. SembCorp  -0.080

5. SembMar  -0.070

US markets closed mixed yesterday night as jobless claims rose unexpectedly weighed on JP Morgan beating market earnings.  After the bell, Google's earning missed expectation due to increase of expenses.  Asian markets were mixed for the day dominated by China economic data.  China reported 1Q2011 GDP +9.7% vs +9.4% expected and CPI of +5.4% vs +5.2% expected.  Nikkei closed -0.65%, SSE +0.26% and HSI -0.02%.  STI swing between positive and negative region but end up closing -0.18% with only 9 of the component stocks managed to register a positive closing.