FTSE STI closed 2,786.81, down 15.78 points or -0.56% with a total volume of 1.04b and a total value of S$964M. Total number of advance vs decline was 188 vs 259. Of the 30 component index stocks, 7 closed positive, 17 closed negative and 6 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.740
2. Jardine C&C +0.100
3. SIA +0.040
4. SPH +0.030
5. OCBC +0.020
The top 5 loser component stocks were :-
1. DBS -0.240
2. JSH 500US$ -0.200
3. UOB -0.140
4. CityDev -0.120
5. SGX -0.070
5. SingTel -0.070
US markets closed positive last Friday led by tech stocks after a better than expected earnings. Asia bourses were mixed given that funds already closed books for the holiday, market volume was thin. Nikkei closed +0.41%, SSE +0.29% and HSI -1.08%. STI swing between 2,800 level and closed at day low even though European markets opens positive and DJ future also positive. Investors taking off profit and stay sideline for these periods. Also awaiting for US economic data like GDP figure for this week
