Thursday, April 23, 2009

Market Summary -- 23rd Apr 09

FTSE STI closed 1,859.98, up 16.57 points or 0.90% with a total volume of 1.55b and a total value of S$1.25b. Total number of advance vs decline was 251 vs 198. Of the 30 component index stocks, 5 closed negative, 3 remained unchanged and 22 closed positive. The top 5 gainer component stocks were :-

1. SIA +0.220
2. JSH 500US$ +0.180
3. Wilmar +0.180
4. JMH 400US$ +0.140
5. UOB +0.120

The top 5 loser component stocks were :-

1. Jardine C&C -0.180
2. SembCorp -0.060
3. Capitaland -0.050
4. DBS -0.020
5. CapitaMall -0.010

US markets closed lower yesterday night except for Nasdaq. Asia bourses reacted to it by opening low but soon pick up gain in the later part of the days due to bargain hunting. Nikkei closed +1.37% and HSI +2.26%. STI also recovered from morning loss to close in the positive of +0.90% with bank and commodity stocks leading the rally.