Thursday, February 4, 2010

Market Summary -- 4th Feb 10

FTSE STI closed 2,744.98, down 19.86 points or -0.72% with a total volume of 1.27b and a total value of S$1.11b. Total number of advance vs decline was 145 vs 310. Of the 30 component index stocks, 6 closed positive, 19 closed negative and 5 remained unchanged. The top 5 gainer component stocks were :-

1. JMH 400US$ +1.200
2. JSH 500US$ +0.600
3. Jardine C&C +0.420
4. SPH +0.020
5. SIA Engg +0.010
5. ST Engg +0.010

The top 5 loser component stocks were :-

1. DBS -0.300
2. KepCorp -0.190
3. CityDev -0.160
4. UOB -0.140
5. SIA -0.120

US markets ended mixed followed 2 days of gain with DJ and S&P500 closed in the red while Nasdaq closed positive. Asia bourses after 2 days of gain traded mostly in negative region for the days as investors remained cautious and locked in any profit gain. Nikkei closed -0.47%, SSE -0.28% and HSI -1.84%. STI led by bank stocks, closed -19.86 points as investors are cautious ahead of tomorrow DBS result. Tomorrow US unemployment rate data also weigh on investors.