Friday, September 25, 2009

Market Summary -- 25th Sep 09

FTSE STI closed 2,662.82, down 4.61 points or -0.17% with a total volume of 3.39b and a total value of S$1.69b. Total number of advance vs decline was 321 vs 218. Of the 30 component index stocks, 11 closed positive, 16 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-

1. Jardine C&C +0.260
2. HKLand US$ +0.240
3. UOB +0.160
4. DBS +0.120
5. SIA +0.060

The top 5 loser component stocks were :-

1. JMH 400US$ -0.880
2. JSH 500US$ -0.440
3. Wilmar -0.240
4. NobleGrp -0.040
5. Genting -0.040
5. CityDev -0.040

US markets extended the fall yesterday night with a mixed economic data; jobless claim better than expected but home sales dropped. Asia bourses took the cue and traded in negative region for the day. Nikkei closed -2.64% after Nomura announcing selling shares to raise capital. SSE closed -0.52% and HSI -0.13%. STI opened down but managed to rebound from its intra-day low with banks leading the rebound but still closed -0.17%.