1. JMH 400US$ +0.380
2. CityDev +0.260
3. JSH 500US$ +0.240
4. Jardine C&C +0.100
5. KepCorp +0.100
5. SIA +0.100
The top 5 loser component stocks were :-
1. UOB -0.120
2. F&N -0.060
3. SingTel -0.010
4. CapMallsAsia -0.010
5. CapitaMall -0.010
5. NobleGrp -0.010
US markets closed slightly positive yesterday night as investors were torn between the middle east crisis ( rising oil price, hitting USD102/barrel ) and better than expected private sector employment data. Asian bourses eased off the middle east crisis a bit today and traded mostly in the positive region. Nikkei closed +0.89%, SSE -0.37% and HSI +0.32%. STI tried to regain yesterday loss but found resistance at 3,065 too difficult to overcome and with investors chose to take profit from yesterday rebound, STI closed +0.33% at 3,037.35. 16 out of the 30 component stocks managed to close positive. From the look of it, STI at the moment is being resistance at 3,065 while it might be creating a higher low thus resulting in an ascending triangle formation. Investors will be also looking at this Friday US unemployment data for strength on US economy recovery and at the same time monitoring the situation in middle east. According to news, a peace plan for Libya might be penning out.
