Thursday, February 12, 2009

Market Summary -- 12th Feb 09

FTSE STI closed 1,684.96, down 37.01 points or 2.15% with a total volume of 832M and a total value of S$784M. Total number of advance vs decline was 135 vs 214. Of the 30 component index stocks, 2 closed positive, 27 closed negative and 1 remained unchanged. The 2 gainer component stocks were :-

1. CoscoCorp +0.015
2. StarHub +0.010

The top 5 loser component stocks were :-

1. JMH 400US$ -0.680
2. SIA -0.440
3. JSH 500US$ -0.240
4. UOB -0.200
5. DBS -0.160

Though US markets rebound from the day before 4% drop but the rebound was weak. Asia bourses all closed in the negative. Nikkei closed -3.03%, HSI -2.30% and SSE -0.56%. STI board market was weak with all sectors trading lower.