FTSE STI closed 2,681.03, down 0.99 points or -0.04$ with a total volume of 2.05b and a total value of S$1.58b. Total number of advance vs decline was 246 vs 276. Of the 30 component index stocks, 11 closed positive, 18 closed negative and 1 remained unchanged. The top 5 component stocks were :-
1. SIA +0.480
2. KepCorp +0.280
3. HKLand US$ +0.090
4. Wilmar +0.070
5. DBS +0.060
5. ST Engg +0.060
The top 5 loser component stocks were :-
1. JMH 400US$ -0.540
2. Jardine C&C -0.480
3. UOB -0.280
4. SGX -0.120
5. JSH 500US$ -0.100
US markets advanced further yesterday night with a better than expected jobless claim data offsetting a not so good international tade data. Asia bourses reacted to the up by opening in the positive region except Nikkei. However, most retreated from their respective day high due to profit taking over the weekend. Nikkei closed -0.66%, SSE +2.22% and HSI +0.44%. STI trying to break the 2,700 resistance after briefly touched yesterday but did not mention to do so and close flat at -0.04% with loser outnumbered gainer.
