FTSE STI closed 1,794.16, down 27.54 points or 1.51% with a total volume of 1.36b and a total value of S$1.16b. Total number of advance vs decline was 189 vs 228. Of the 30 component stocks, 6 closed positive, 21 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.200
2. CapitaMall +0.100
3. DBS +0.090
4. NOL +0.050
5. Kepland +0.040
The top 5 loser component stocks were :-
1. UOB -0.340
2. SIA -0.280
3. CityDev -0.230
4. JSH 500US$ -0.180
5. SPH -0.170
5. SGX -0.170
Despite US markets closed on the positive side yesterday night due to the US Congress approved of the US$14b automaker bailout, Asia bourses still remain cautious today as it now required the Senate to pass the deal. Nikkei closed +0.70% and HSI close +0.2% but STI closed down 1.5%. Investors chose to take profit from recent rally for the outcome of the automaker bailout.
