1. JSH 500US$ +0.440
2. JMH 400US$ +0.200
3. SGX +0.180
4. KepCorp +0.160
5. SIA +0.100
The 5 loser component stocks were :-
1. Jardine C&C -0.180
2. UOB -0.040
3. SPH -0.040
4. SIA Engg -0.010
5. StarHub -0.010
US markets managed to recover from a 2.5% dip to close just over a dip of 1% after US Fed Chief assured investors of the recovery of US economy giving investors an ease over the Japan radiation leak fear. Asian bourses all managed to rebound from yesterday sharp drop with Nikkei closed +5.68%, SSE +1.19% after leading economic index showing China economy is not slowing down due to inflation curbing but HSI was a bit the weak closing just +0.10%. STI managed to recover at least 40% of yesterday lost with investors coming in to bargain hunt. 23 of the component stocks managed to close positive. While the rebound brought some relief to the market, investors still monitoring the situation in Japan on how they are trying to bring the nuclear plants under control. Furthermore, the tension in middle east unrest still remain unsolved. The sliding of oil price to below US$100 did help sentiment a bit.
