FTSE STI closed 2,772.20, down 1.86 points or -0.07% with a total volume of 1.30b and a total value of S$1.30b. Total number of advance vs decline was 186 vs 288. Of the 30 component index stocks, 13 closed positive, 13 closed negative and 4 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.640
2. JMH 400US$ +0.620
3. JSH 500US$ +0.260
4. SIA +0.080
5. NOL +0.050
The top 5 loser component stocks were :-
1. UOB -0.180
2. CityDev -0.120
3. SembCorp -0.070
4. NobleGrp -0.070
5. OCBC -0.040
5. Genting -0.040
5. HKLand US$ -0.040
US markets gained yesterday night after consumer spending rose in Jan and the AIG deal to sell its Asian unit. Asia bourses took the cue opened in positive region but soon profit taking caused either the bourses to close flat or in the red. Nikkei closed +0.49%, SSE -0.48% and HSI -0.72%. STI still unable to break the 2,800 resistance level closed marginally in the negative of -0.07% with blue chips closing mix for the day. Investors are still looking at US economic data after earning seasons come to an end. The Greece's debt issue will be another focus point for investors.
