FTSE STI closed 2,797.21, down 8.29 points or -0.30% with a total volume of 2.13b and a total value of S$1.75b. Total number of advance vs decline was 2328 vs 250. Of the 30 component index stocks, 8 closed positive, 19 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. UOB +0.240
2. JMH 400US$ +0.160
3. OCBC +0.100
4. CityDev +0.080
5. HKLand US$ +0.080
The top 5 loser component stocks were :-
1. Jardine C&C -0.380
2. SPH -0.220
3. KepCorp -0.200
4. DBS -0.180
5. SIA -0.140
US markets pull back around 1% yesterday night after a weak consumer spending and also rebound of USD. Asia bourses took the cue and traded in the negative region for the day. Nikkei closed -1.34%, SSE -1.73% and HSI -1.45%. STI trading between the 2,800 level and closed at 2,797.21 down 0.30% in a slightly higher volume than past days as investors were focusing on the S-Shares mainly due to the spill over effect of the dual listing in HSI.
