FTSE STI closed 1,761.56, down 9.09 points or 0.51% with a total volume of 457M and a total value of S$493M. Total number of advance vs decline was 177 vs 167. Of the 30 component stocks, 7 closed positive, 20 closed in the negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. JSH 500US$ +0.700
2. CityDev +0.050
3. Wilmar +0.040
4. Capitaland +0.030
5. F&N +0.020
The top 5 loser component stocks were :-
1. Jardine C&C -0.180
2. KepCorp -0.090
3. HKLand US$ -0.090
4. SIA -0.080
5. UOB -0.080
5. Cosco -0.080
Despite a positive showing on US markets yesterday night due to GM bailout, Asia bourses were relatively flat for the day. The anticipated year end rally or window dressing did not materialized. Investors still staying cautious as uncertainty in the global economy next year weighing heavily.
