Tuesday, December 15, 2009

Market Summary -- 15th Dec 09

FTSE STI closed 2,798.70, down 0.84 points or -0.03% with a total volume of 1.23b and a total value of S$1.01b. Total number of advance vs decline was 209 vs 251. Of the 30 component index stocks, 16 closed positive, 12 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-

1. Jardine C&C +0.260
2. F&N +0.110
3. SIA +0.100
4. UOB +0.080
5. KepCorp +0.06

The top 5 loser component stocks were :-

1. JMH 400US$ -0.100
2. OCBC -0.100
3. HKLand US$ -0.070
4. Capitaland -0.060
5. SembMar -0.050

US markets closed positive yesterday night after Dubai got the bailout. However, Asia bourses were muted with the response as mostly traded in the negative region for the day. Nikkei closed -0.22%, SSE -0.86% and HSI -1.23%. STI traded above 2,800 level for most part of the day but closed at 2,798.70 when investors took profit and stay sideline ahead of the US Fed meeting.