Tuesday, December 28, 2010

Market Summary -- 28th Dec 10

FTSE STI closed 3,183.70, up 24.34 points or +0.77% with a total volume of 1.08b and a total value of S$921M.  Total number of advance vs decline was 354 vs 113.  Of the 30 component index stocks, 26 closed positive, 2 closed negative and 2 remained unchanged.  The top 5 gainer component stocks were :-

1. JMH 400US$  +0.260
2. UOB  +0.220
3. KepCorp  +0.100
4. SIA  +0.100
5. DBS  +0.080
5. SGX  +0.080

The 2 loser component stocks were :-

1. HKLand US$  -0.120
2. JSH 500US$  -0.060

US markets closed mixed yesterday night with both Nasdaq and S&P500 managed to close positive while DJ in the red after investors reacted to China rate hike over the weekend.  Asian bourses were mostly negative for the day with Nikkei closed -0.61%, SSE -1.74% and HSI -0.93%.  STI managed to buck the trend and close +0.77% with 26 out of 30 component stocks registered a positive closing as window dressing closing in.