1. Jardine C&C -2.430
2. JMH 400US$ -2.020
3. JSH 500US$ -0.820
4. UOB -0.460
5. DBS -0.430
US markets fell average 2% last Friday as investors were weighed down by EU debt issue again and also not very impressive with President Obama's proposed plan for jobs creation ( as that need to be approved by Congress ). Asian bourses tracking that and were being sold down for the day. Nikkei closed -2.31%, SSE closed for holiday and HSI -4.21%. STI closed -2.89% with 29 of the index stocks registered negative closing in a thin volume day. EU debt issue and French banks facing possible downgrade by Moodys hurting the sentiment. European bourses opened down at least 2% and with DJ future down almost 2% did little to help the sentiment too. Investors will be closely monitor the situation in Europe as to whether Greece will get default or just in time for IMF and EU to hand them the second bailout funds.
