FTSE STI closed 2,226.01, down 40.82 points or 1.8% with a total volume of 1.33b and a total value of S$1.28b. Total number of advance vs decline was 119 vs 387. Of the 30 component index stocks, 4 closed positive and 26 closed negative. The 4 gainer component stocks were :-
1. Jardine C&C +0.440
2. SingTel +0.030
3. NOL +0.020
4. ComfortDelGro +0.010
The top 5 loser component stocks were :-
1. JMH 400US$ -1.620
2. DBS -0.340
3. CityDev -0.310
4. JSH 500US$ -0.260
5. SGX -0.210
US markets fell yesterday night after world bank lower global economy growth and that strike fear into investors. Asia bourses did not spare the bearish sentiment with Nikkei closed -2.82%, SSE -0.12% and HSI -2.89%. STI closed -1.8% with 2,200 level as the support. Investors are now looking at the several key economic data from US for a clearer picture of the economy.
