1. JSH 500US$ +0.160
2. JMH 400US$ +0.080
3. Jardine C&C +0.060
4. SembMar +0.050
5. SIA Engg +0.040
The top 5 loser component stocks were :-
1. SIA -0.240
2. ST Engg -0.100
3. CityDev -0.080
4. CapMallsAsia -0.050
5. Olam -0.040
5. NobleGrp -0.040
5. Capitaland -0.040
5. Wilmar -0.040
5. KepCorp -0.040
US markets closed positive last Thursday ahead of the long weekend while both Nikkei and SSE closed negative last Friday. Asian bourses were mostly in the red with Nikkei closed -0.11%, SSE -1.51% ( concern over further tightening ) and HSI was closed for holiday. STI rose above 3,200 on open but with profit taking kicking in forced it to close -0.22% in a thin volume day tracking performance of Nikkei and SSE. European markets were mostly closed for holiday too further give no direction for STI. In the afternoon, Singapore CPI for March came out as expected +5% and most analysts believed that was peak. With most of the index stocks going on Ex-basis today and tomorrow, that further piled up the pressure on the STI. Investors will be looking at more US corporate earnings and US Fed meeting this week. Investors are looking at the next step when QE2 expires in June for US.