Friday, April 30, 2010

Market Summary -- 30th Apr 10

FTSE STI closed 2,974.61, up 15.60 points or +0.53% with a total volume of 1.83b and a total value of S$2.08b.  Total number of advance vs decline was 296 vs 190.  Of the 30 component index stocks, 19 closed positive, 8 closed negative and 3 remained unchanged.  The top 5 gainer component stocks were :-

1. Jardine C&C  +0.960
2. JMH 400US$  +0.540
3. UOB  +0.160
4. OCBC  +0.110
5. HKLand US$  +0.050

The top 5 loser component stocks were :-

1. JSH 500US$  -0.100
2. SembMar  -0.050
3. StarHub  -0.030
4. SIA  -0.020
5. Wilmar  -0.020
5. CityDev  -0.020

US markets continued advance yesterday night with at least 1% gain when Greece's debt issue ease and investors cheered by fall in jobless claim.  Asia bourses took the cue and traded in the positive region for the day mostly.  Nikkei closed +1.21%, SSE +0.08% (reversed earlier loss) and HSI +1.59%.  STI closed +0.53% with window dressing days as investors buying up bank shares ahead of next week earning.  Investors will be closely monitor over this weekend the outcome of the bailout of the Greece's debt.