Tuesday, December 29, 2009

Market Summary -- 29th Dec 09

FTSE STI closed 2,869.76, up 14.08 points or +0.49% with a total volume of 1.67b and a total value of S$1.11b. Total number of advance vs decline was 377 vs 140. Of the 30 component index stocks, 23 closed positive, 4 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-

1. SGX +0.150
2. DBS +0.140
3. Cosco +0.070
4. NOL +0.050
5. Genting +0.040

The 4 loser component stocks were :-

1. JSH 500US$ -0.280
2. JMH 400US$ -0.080
3. CityDev -0.040
4. Capitaland -0.020

US markets closed positive and DJ hit record high for year 2009 boosted by the retail sales figure. Asia bourses took the cue and all closed in the positive region with Nikkei +0.04%, SSE +0.72% and HSI +0.09%. STI closed another record high for year 2009 near the 2,870 level with investors buying up the index stocks in anticipating of a year end rally and capricon effect in January 2010.