FTSE STI closed 1,920.79 down 18.43 points or 0.95% with a total volume of 1.2b and a total value of S$1.1b. Total number of advance vs decline was 223 vs 241. Of the 30 component stocks, 14 closed positive, 14 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.460
2. JSH 500US$ +0.320
3. JMH 400US$ +0.200
4. KepCorp +0.170
5. SIA +0.080
The top 5 loser component stocks were :-
1. DBS -0.400
2. UOB -0.280
3. CityDev -0.230
4. OCBC -0.200
5. ST Engg -0.170
Early part of the day Asia bourses rallied due to overnight rallied of US markets in response to a second stimulus package endosed by Ben Bernanke. However, later day of the day, most markets parsed gain becausse Citic Pacific's share fell on possible HK$15.5b forex loss which ended HSI closed almost 2% down. Investors also slowly take profit as all await US corporates' earnings coming out next few days. In general, market still very cautious, looking at various news/events for a clear indication of where the global economies are heading to.
