FTSE STI closed 1,683.31, down 22.33 points or 1.31% with a total volume of 701M and a total value of S$683M. Total number of advance vs decline was 133 vs 230. Of the 30 component index stocks, 3 closed positive, 22 closed negative and 5 remained unchanged. The 3 gainer component stocks were :-
1. Jardine C&C +0.060
2. HKLand US$ +0.020
3. CapitaMall +0.010
The top 5 loser component stocks were :-
1. JMH 400US$ -0.780
2. JSH 500US$ -0.520
3. UOB -0.280
4. DBS -0.190
5. SIA -0.160
US markets were sluggish last Friday despite the news of the final stimulus bill was approved and awaiting for President Obama to sign it. With US markets on holiday for tonight, Asia bourses were mainly flattish for the day. Nikkei closed -0.38%, HSI -0.73% and SSE +2.96%. STI also traded in the range between 1,680 to 1,710. Bank, Offshore/Marine, Comodity and Telco were down while Property stocks were mixed. STI market lacked buying interest as investors chose to sideway when there isn't any clear direction in US markets tonight.
