1. CityDev +0.440
2. JSH 500US$ +0.280
3. HKLand US$ +0.270
4. SembMar +0.220
5. KepCorp +0.190
The top 5 loser component stocks were :-
1. Jardine C&C -0.510
2. StarHub -0.050
3. SingTel -0.010
4. SIA Engg -0.010
5. Olam -0.010
5. F&N -0.010
US markets closed at least +0.3% yesterday night with better than expected earning from Bank of America and Morgan Stanley and jobless claim data. However, after market closed, Google's earning fell short of expectation while those of Microsoft, Intel and IBM all beating expectation. Asian bourses were mostly positive for the day with Nikkei closed +1.47%, SSE +1.00% and HSI +0.84%. STI +1.36% in the heaviest volume ever seen for past months hitting almost 2 billion mark ahead of the CNY long holiday period, a pre-CNY rally. 21 of the 30 index stocks managed to register positive closing.
While Asian bourses and US markets might be moving up but the concern in EU still remain. Greece has entered the 3rd day of talk with investors regarding debt swap and do not rule out the possibility of defaulting. EU leaders also preparing the fiscal pact draft ahead of end of the month EU Summit in another step to resolve the crisis.
STI will reopen on 25th Jan 2012.
