Friday, November 13, 2009

Market Summary -- 13th Nov 09

FTSE STI closed 2,727.23, up 0.99 points or +0.04% with a total volume of 1.14b and a total value of S$1.16b. Total number of advance vs decline was 226 vs 175. Of the 30 component index stocks, 12 closed positive, 13 closed negative and 5 remained unchanged. The top 5 gainer component stocks were :-

1. JMH 400US$ +0.280
2. JSH 500US$ +0.240
3. HKLand US$ +0.110
4. NobleGrp +0.060
5. SPH +0.050

The top 5 loser component stocks were :-

1. Jardine C&C -0.200
2. KepCorp -0.180
3. SIA -0.160
4. Wilmar -0.130
5. SIA Engg -0.070

US markets fell almost 1% yesterday night as investors chose to take profit after a recent run up. Asia bourses were traded in the negative region in the morning with Nikkei closed -0.35% but SSE and HSI managed to reverse the loss and closed +0.46% and +0.70% respectively. STI traded between negative and positive region but managed to close in the positive when investors came in to buy during the last hour of the trading following a positive DJ future.