Thursday, September 16, 2010

Market Summary -- 16th Sep 10

FTSE STI closed 3,067.11, down 3.92 points or -0.13% with a total volume of 1.93b and a total value of S$1.69b.  Total number of advance vs decline was 215 vs 270.  Of the 30 component index stocks, 10 closed positive, 17 closed negative and 3 remained unchanged.  The top 5 gainer component stocks were :-

1. F&N  +0.110
2. JMH 400US$  +0.100
3. Genting  +0.060
4. SIA Engg  +0.060
5. Wilmar  +0.050

The top 5 loser component stocks were :-

1. Jardine C&C  -0.620
2. JSH 500US$  -0.260
3. UOB  -0.160
4. SembCorp  -0.080
5. CityDev  -0.060
5. HKLand US$  -0.060
5. DBS  -0.060

US markets inched up yesterday night with industrial production data showing positive despite missed expectation.  Asian bourses were mostly down for the day with Nikkei closed -0.07%, SSE -1.89% ( dragged down by bank jittering due to tightening measures ) and HSI -0.16%.  STI swung between positive and negative region opening positive, hit intra-day high of 3,086.20 but profit taking coupling with Asian bourses negtive sentiment, European markets opening flattish and DJ future negative sent STI to close -0.13%.