FTSE STI closed 2,967.65, down 13.72 points or -0.46% with a total volume of 2.05b and a total value of S$1.76b. Total number of advance vs decline was 287 vs 776. Of the 30 component index stocks, 7 closed positive, 21 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-
1. SIA +0.100
2. SPH +0.070
3. DBS +0.060
4. HKLand US$ +0.050
5. SIA Engg +0.040
The top 5 loser component stocks were :-
1. JSH 500US$ -0.740
2. JMH 400US$ -0.520
3. Jardine C&C -0.400
4. CityDev -0.200
5. UOB -0.100
US markets closed in the positive yesterday night after a better than expected Goldman Sachs and Apple earnings. With the European airspace slowly opening up, the ash cloud issue ease a bit. However, the concern on Goldman Sachs fraud case still hanging over investors' mind as now UK also decided to press charges against them. Asia bourses were mixed with Nikkei closed +1.74%, SSE +1.80% and HSI -0.52%. STI opened positive in the morning but failed to move pass 3,000 level but with HSI closed negative, European markets also open flattish bias towards down, investors started to take profit from the blue chips and caused STI to close down 13.72 points and maintain cautious.
