Friday, October 8, 2010

Market Summary -- 8th Oct 10

FTSE STI closed 3,153.34, down 13.31 points or -0.42% with a total volume of 1.81b and a total value of S$1.67b.  Total number of advance vs decline was 223 vs 244.  Of the 30 component index stocks, 5 closed positive, 20 closed negative and 5 remained unchanged.  The top 5 gainer component stocks were :-

1. Jardine C&C  +0.120
2. CityDev  +0.100
3. NobleGrp  +0.030
4. SingTel  +0.020
5. CapitaMall  +0.010

The top 5 loser component stocks were :-

1. SIA  -0.220
2. UOB  -0.180
3. KepCorp  -0.140
4. ST Engg  -0.100
5. F&N  -0.080
5. JSH 500US$  -0.080

US markets closed mixed yesterday night despite a drop in the jobless claim that beat market expectation as investors staying cautious ahead of tonight unemployment rate data.  After market closed, Aloca reported a set of result that beat market expectation.  Asian bourses were mixed for the day.  Nikkei closed -0.99% despite Japanese Government approved the stimulus plan, SSE closed +3.13% playing catch up for the past days that was closed for holiday and HSI closed +0.26%.  STI earlier part of the day managed to move into positive region but with profit taking kicking in and investors maintained cautious ahead of the US job data, closed -0.42% with only 5 component stocks managed to close positive.