Thursday, December 31, 2009

Market Summary -- 31st Dec 09

FTSE STI closed 2,897.62, up 17.86 points or +0.62% with a total volume of 1.15b and a total value of S$1.27b. Total number of advance vs decline was 266 vs 167. Of the 30 component index stocks, 23 closed positive, 4 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-

1. Jardine C&C +0.280
2. JMH 400US$ +0.200
3. HKLand US$ +0.140
4. DBS +0.100
5. CityDev +0.100

The 4 loser component stocks were :-

1. JSH 500US$ -0.100
2. F&N -0.020
3. SIA Engg -0.010
4. SMRT -0.010

US markets ended positive in a flat trading day. Asia bourses window dressed up for the last trading day of year 2009. Nikkei was closed for holiday, SSE closed +0.35% and HSI +1.75%. STI though failed to hit the 2,900 level but managed to close at a new record high for year 2009 at 2,897.62. STI opened in the negative but with funds window dressing snapping up the blue chips enabled STI to close record high.