Friday, December 4, 2009

Market Summary -- 4th Dec 09

FTSE STI closed 2,791.01, down 17.17 points or -0.61% with a total volume of 1.24b and a total value of S$1.40b. Total number of advance vs decline was 172 vs 253. Of the 30 component index stocks, 8 closed positive, 20 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-

1. Jardine C&C +0.400
2. JSH 500US$ +0.220
3. JMH 400US$ +0.180
4. DBS +0.080
5. SPH +0.030

The top 5 loser component stocks were :-

1. UOB -0.360
2. SIA -0.200
3. OCBC -0.110
4. CityDev -0.060
5. Wilmar -0.060
5. ST Engg -0.060
5. HKLand US$ -0.060
5. SembCorp -0.060

US markets pulled back yesterday night after a worse than expect service economic data. Asia bourses were mixed for the day with Nikkei closed +0.45%, SSE +1.61% and HSI -0.25%. STI traded in the negative region for the day closing down 17.17 points with investors taking profit from the blue chips with recent rally. Investors are cautious ahead of tonight US unemployment data with a previous value of 10.2%.