Market Summary -- 1st Feb 11

FTSE STI closed 3,184.74, up 5.02 points or +0.16% with a total volume of 1.05b and a total value of S$1.32b.  Total number of advance vs decline was 255 vs 189.  Of the 30 component index stocks, 16 closed positive, 12 closed negative and 2 remained unchanged.  The top 5 gainer component stocks were :-

1. JMH 400US$  +0.320

2. HKLand US$  +0.260

3. SIA Engg  +0.180

4. CityDev  +0.140

5. JSH 500US$  +0.140

The top 5 loser component stocks were :-

1. Jardine C&C  -0.480

2. F&N  -0.210

3. SGX  -0.060

4. SIA  -0.060

5. SembMar  -0.050

US markets rebound yesterday night with the Egypt issue easing and energy stocks helped the rebound.  Asian bourses were traded in positive region rebound from previous day selling off.  Nikkei closed +0.36%, SSE +0.30% and HSI +0.15%.  STI with resistance capped at 3,200 managed to close marginally positive as investors cautious of buying ahead of the long CNY period.