FTSE STI closed 2,916.11, down 17.42 points or -0.59% with a total volume of 2.86b and a total value of S$2.05b. Total number of advance vs decline was 194 vs 346. Of the 30 component index stocks, 9 closed positive, 19 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.240
2. JMH 400US$ +0.080
3. Wilmar +0.060
4. SIA +0.040
5. Olam +0.030
The top 5 loser component stocks were :-
1. UOB -0.200
2. CityDev -0.160
3. DBS -0.160
4. KepCorp -0.140
5. SGX -0.140
US markets where mixed yesterday night ahead of Alcoa earning. After market closed, Aloca reported a smaller loss but missed market expectation set of result. Asia bourses were mixed with that with Nikkei closed +0.75%, SSE +1.91% and HSI -0.38%. STI closed -0.59% with investors chose to take profit from the blue chips in anticipation that US markets might be down tonight in reaction to Alcoa's earnings.
