FTSE STI closed 2,541.15 down 81.26 points or 3.10% with a total volume of 1.11b and a total value of S$1.526b. Total number of advance vs decline was 116 vs 458. Of the 30 FTSE STI component stocks, only 2 closed positive, 27 closed negative and 1 remain unchanged. The top 5 loser for the component stocks were :-
1. UOB -0.780
2. Jardine C&C -0.780
3. DBS -0.760
4. SIA -0.400
5. KepCorp -0.380
The 2 gainer component stocks were :-
1. JSH 500US$ +0.080
2. Starhub +0.070
After market closed, it was revealed that Yangzijiang and ThBev will be removed from the STI component stocks and in replace comes in GoldenArgi and Jardine Matheson. The implementation will be carried out after market close on 19th Sep 08, hence on 22nd Sep 08 when market starts for trading the new index stocks will kick in.
