Market Summary -- 26th Apr 11

FTSE STI closed 3,171.83, down 15.89 points or -0.50% with a total volume of 1.04b and a total value of S$1.16b.  Total number of advance vs decline was 173 vs 252.  Of the 30 component index stocks, 5 closed positive, 20 closed negative and 5 remained unchanged.  The 5 gainer component stocks were :-

1. StarHub  +0.040

2. Wilmar  +0.020

3. HKLand US$  +0.010

4. Genting SP  +0.010

5. F&N  +0.010

The top 5 loser component stocks were :-

1. JMH 400US$  -1.460

2. KepCorp  -1.160

3. Jardine C&C  -0.700

4. JSH 500US$  -0.640

5. SembMar  -0.320

US markets closed mixed yesterday with both DJ and S&P500 ended in the red while Nasdaq in the positive as investors were awaiting for corporate earning and the US Fed meeting.  Asian bourses were mostly in the negative with Nikkei closed -1.17%, SSE -0.88% and HSI -0.54%.  STI was in a narrow range trading between 3,170 - 3,180 and with KepCorp, SembMar and SembCorp all trading at Ex basis for the day, that provide a drag on the index.  The thin volume indicating most investors were sideline awaiting for clearer signal.