FTSE STI closed 2,847.61, down 23.44 points or -0.82% with a total volume of 1.50b and a total value of S$1.13b. Total number of advance vs decline was 171 vs 305. Of the 30 component index stocks, 6 closed positive, 23 closed negative and 1 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.500
2. F&N +0.090
3. SembCorp +0.050
4. JSH 500US$ +0.020
5. NOL +0.010
5. ST Engg +0.010
The top 5 loser component stocks were :-
1. Jardine C&C -1.320
2. UOB -0.340
3. CityDev -0.260
4. DBS -0.140
5. SGX -0.11
US markets closed mixed yesterday with a fall in new home sales data and US Fed maintained low interest rate but cautious of recovery due to the European debt issue. Asian bourses were mostly on profit taking with Nikkei closed +0.05%, HSI -0.12% and HSI -0.59%. STI was mostly flattish throughout the day until afternoon when DJ future turned reddish and European markets opened down and the selling pressure piled in. Investors chose to take profit for and remained cautious while waiting for US jobless claim data tonight.
