1. JMH 400US$ +0.800
2. JSH 500US$ +0.240
3. CapMallsAsia +0.060
4. NobleGrp +0.020
5. StarHub +0.010
The top 5 loser component stocks were :-
1. Jardine C&C -0.260
2. CityDev -0.220
3. SIA Engg -0.220
4. SIA -0.200
5. HKLand US$ -0.190
US markets fell at least 1.5% yesterday night when fear of Japan radiation leak weighed down investors. Asian bourses started off in the negative region as investors monitoring development in the Japan nuclear plants. Japan used helicopter to dump water to try to cool the reactor unit but the effort was not much as radiation level detected did not decline and pressure inside the plants was piling up too. They also have water canon to standby and at the same time trying to restore the power to help to cool the reactor units. IAEA director will be going there to access the situation. Meanwhile, UN today will vote on the proposed no-fly zone on Libya. Nikkei managed to recoup much of the day loss to close -1.44%, SSE -1.14% and HSI -1.83%. STI tracking regional markets was trading between the range of 2,930 - 2,950. Furthermore, this afternoon Singapore reported a lower than expectation February's export data.
