Wednesday, September 10, 2008

Market Summary -- 10th Sep 08

FTSE STI closed 2,622.41 down 50.80 points or 1.90% with a total volume of 1.061b and total value of S$1.358b. Total number of advance vs decline was 150 vs 345. Of the 30 FTSE STI component stocks, only 1 closed positive, 3 remained unchange and 26 of them closed in the negative. The top gainer STI component stock was SembMar +0.010. The top 5 loser STI component stocks were :-

1. JSH 500US$ -0.680
2. Jardine C&C -0.380
3. DBS -0.260
4. CityDev -0.250
5. HKLand US$ -0.180

STI market in general reacted to the sharp drop in the US markets yesterday night and inline with regional markets around Asia in which all except Shanghai, Taiwan and Korea markets closed in the red.