1. Jardine C&C +1.000
2. JMH 400US$ +0.400
3. UOB +0.300
4. DBS +0.290
5. KepCorp +0.190
The 3 loser component stocks were :-
1. CapitaMall -0.025
2. JSH 500US$ -0.020
3. SIA Engg -0.020
US markets closed mixed yesterday with a series of mixed news. IMF and ECB more or less confirmed that Greecec will get the next bailout funds to prevent from default in November but Slovakia voted a no to the expansion of the EU bailout funds. Earning season kicked start in US yesterday with Aloca reported a miss expectation earning after market closed. US Senate also blocked Obama's jobs plan. Asian bourses started off the day in red but some managed to reverse to end in positive. Nikkei closed -0.40%, SSE +3.04% and HSI +1.04%. STI moved back above 2,700 level with bargain hunting and short covering to close +1.66%. A reverse in European markets from negative to positive, strong rebound of the Euro and positive DJ future also helped the sentiment. Market at the moment is very news sensitive and volatile, resulting in swift change of direction within intra-day. Singapore also kicked start its earning with SPH releasing its result after market closed.
