FTSE STI closed 2,971.60, down 5.57 points or -0.19% with a total volume of 2.02b and a total value of S$1.48b. Total number of advance vs decline was 191 vs 315. Of the 30 component index stocks, 12 closed positive, 15 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.900
2. JSH 500US$ +0.480
3. Jardine C&C +0.380
4. StarHub +0.040
5. HKLand US$ +0.020
The top 5 loser component stocks were :-
1. CityDev -0.260
2. KepCorp -0.120
3. DBS -0.120
4. SIA -0.100
5. SIA Engg -0.050
US markets continued to advance yesterday night with DJ managed to close above the 11,000 level and after market closed, Aloca reported an earning that missed market expectation. Asia bourses however were on a down day with profit taking kicking in. Nikkei closed -0.81%, SSE bucked the trend with +1.02% and HSI -0.16%. STI still unable to touch the 3,000 level but managed to find support at the 2,950 level with the Jardine group cushioning the drop. After market closed, SPH reported its 1HFY10 result with operating revenue and profit up 7.2% and 29.4% respectively. Investors are also waiting for tomorrow Singapore 1Q2010 GDP which most analysts believe to be of double-digit. US side will see banks start their earning reporting this week.
