Friday, December 31, 2010

Market Summary -- 31st Dec 10

FTSE STI closed 3,190.04, down 22.42 points or -0.70% with a total volume of 667M and a total value of S$690M.  Total number of advance vs decline was 208 vs 178.  Of the 30 component index stocks, 6 closed positive, 17 closed negative and 7 remained unchanged.  The top 5 gainer component stocks were :-

1. JSH 500US$  +0.180
2. KepCorp  +0.080
3. HKLand US$  +0.070
4. CapitaMall  +0.010
5. Genting SP  +0.010
5. SembCorp  +0.010

The top 5 loser component stocks were :-

1. JMH 400US$  -0.620
2. Jardine C&C  -0.240
3. UOB  -0.240
4. SIA  -0.240
5. DBS  -0.180

US markets closed average -0.15% yesterday night due to profit taking after upbeat economic data.  Asian bourses most of them were closed for holiday.  SSE +0.59% and HSI +0.16%.  STI managed to maintain in positive region and above 3,200 in the trading period but closed down 22.42 points to 3,190.04 when funds and traders closing off position on closed leading to several blue chips gap down on close and causing STI to close in negative region.  As a whole STI was up 10.09% for year 2010.