FTSE STI closed 3,158.08, down 1.15 points or -0.04% with a total volume of 1.16b and a total value of S$1.05b. Total number of advance vs decline was 146 vs 272. Of the 30 component index stocks, 10 closed positive, 12 closed negative and 8 remained unchanged. The top 5 gainer component stocks were :-
1. JSH 500US$ +0.280
2. UOB +0.120
3. SIA +0.040
4. DBS +0.040
5. KepCorp +0.020
5. SIA Engg +0.020
The top 5 loser component stocks were :-
1. SembMar -0.190
2. CityDev -0.120
3. JMH 400US$ -0.100
4. SembCorp -0.080
5. HKLand US$ -0.040
US markets were closed yesterday for thanksgiving holiday hence Asia markets mostly quiet for the day except a little selling off in the afternoon as news of conflict between the 2 Koreans seem to be getting tenser. Nikkei closed -0.40%, SSE -0.92% and HSI -0.77%. STI reversed earlier gain and closed slightly negative as investors taking off profit and stay cautious ahead over the weekend in fear of further conflict between the 2 Koreas. In the afternoon, Singapore Government released a better than expected October manufacturing output of +31% vs +26.5% and that helped eased some worried of possible contraction in Singapore GDP in the 4th quarter.
