1. Jardine C&C +0.780
2. CityDev +0.340
3. JSH 500US$ +0.320
4. HKLand US$ +0.250
5. F&N +0.160
The 3 loser component stocks were :-
1. SIA Engg -0.030
2. NOL -0.020
3. SingTel -0.010
US markets closed average +1.0% as hope for better forecoming earning attracted investors buying in despite high oil price and rising concern of eurozone debt with Portugal being the latest in focus. Asian bourses were trading in positive region coming off with average +1.0% gain despite profit taking. Nikkei closed +1.07%, SSE +1.06% and HSI +1.06%. STI staying above 3,050 throughout the day closed +0.91% with 24 of the 30 component stocks registered positive closing. Profit taking were seen as investors rounding off position over the weekend but market was well supported of the profit taking. During lunch time Singapore reported a February manufacturing output of +4.8% on year vs +6.3% poll. STI has been edging up for past days despite some negative news indicating a possible month end 1Q2011 window dressing next week.
