1. StarHub +0.030
2. ST Engg +0.020
3. ComfortDelGro +0.010
4. SIA Engg +0.010
The top 5 loser component stocks were :-
1. SIA -1.740
2. JMH 400US$ -1.370
3. Jardine C&C -0.870
4. JSH 500US$ -0.670
5. DBS -0.290
US markets gave back all the gain in the earlier trading and closed in the red with initial cheers of the US debt ceiling plan but a weaker than expect ISM Manufacturing data weighed on investors mind about the health of the economy recovery. Later of the day, US House of Representative voted a yes to the debt ceiling plan and tonight the Senate level will have a vote on that to avoid a default on 2nd August. Asian bourses after yesterday relief rally were on a selling mode. Nikkei closed -1.21%, SSE -0.91% and HSI -1.07%. STI in line with regional bourses closed -1.19% with only 4 of the index stocks managed to register a positive closing. Having yesterday broke the 3,200 level, STI today gave back the support at 3,180 and probably looking at the 3,150 support level next. With a series of weak economic data from US and a coming employment data this Friday, investors will be on cautious mode again.
