FTSE STI closed 2,888.37, up 2.01 points or +0.07% with a total volume of 1.30b and a total value of S$1.09b. Total number of advance vs decline was 256 vs 237. Of the 30 component index stocks, 13 closed positive, 12 closed negative and 5 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.420
2. Wilmar +0.170
3. CityDev +0.140
4. KepCorp +0.050
5. JMH 400US$ +0.040
The top 5 loser component stocks were :-
1. F&N -0.090
2. Capitaland -0.060
3. SGX -0.050
4. DBS -0.040
5. SIA -0.040
US markets closed in the red after news of Portugal's rating being downgraded. Asia bourses were mostly in range bound mode with mixed performance. Nikkei closed +0.13%, SSE -1.23% and HSI -1.10%. STI flipped between negative and positive region and managed to close flat with a +2 points gain as blue chips were having a mixed day. In general markets are in a range bound mode, probably consolidating prior to the next earning season in April.
