1. CityDev +0.440
2. HKLand US$ +0.120
3. Olam +0.110
4. OCBC +0.100
5. Genting SP +0.060
5. JSH 500US$ +0.060
5. KepCorp +0.060
5. Jardine C&C +0.060
The top 5 loser component stocks were :-
1. JMH 400US$ -0.420
2. SIA -0.140
3. SGX -0.080
4. DBS -0.040
5. F&N -0.020
5. SingTel -0.020
5. NOL -0.020
5. SIA Engg -0.020
US markets closed relatively flat in a very thin volume day with index dropped average 0.3% as investors taking profit after recent rebound due to ease on middle east unrest and Japan nuclear crisis. Meanwhile ECB is signaling a rate hike in April which weighed on investors in particular European markets. Asian bourses were mixed with Nikkei closed -1.65% as cost to rebuild the damage area done by earthquake and tsunami weighed on investors ( exceed that of 1986 Kobe earthquake ), SSE +1.00% and HSI -0.14%. STI with bargain hunting coming in offsetting profit taking managed to help STI to stay above the 3,000 level and closed +0.65% at 3,022.19. The immediate resistance will be at 3,040. In the afternoon Government reported February CPI came in +5% vs +5.5% expected. Market might be taking a pause soon before next week possible running up to 1Q window dressing by fund managers. Also the possible formation of inverted head-shoulder is nearing the neckline of 3,110.
