1. JMH 400US$ -1.100
2. Jardine C&C +0.300
3. SembMar +0.190
4. F&N +0.170
5. KepCorp +0.160
The top 5 loser component stocks were :-
1. DBS -0.270
2. UOB -0.260
3. SIA -0.140
4. OCBC -0.120
5. Wilmar -0.080
US markets advanced at least 0.90% yesterday night despite Aloca's earning missing market expectation and also Fed's minute for last month also indicated that QE3 is not off the table at the moment and should the economic situation getting worse, it is possible to roll out QE3. That has probably lifted the sentiment a bit and hope for EU debt issue can be resolved also set in. Asian bourses took the cue and traded mostly positive but with profit taking, closed mixed. China reported slow down in its export resulting in smaller than expected surplus at one point pare off gains for most of the regional markets. Nikkei closed +0.97%, SSE +0.78% and HSI +2.34%. STI unable to hold on to its gain as European markets and US future sank into the red caused investors to profit taking near the end. STI closed -0.14% with bank stocks leading the drop. SPH released a drop in its FY profit mainly due to lacking of one-off gain from its property sale last year while CapitaComm earning also fell but came in within expectation. Investors will be looking at tonight JP Morgan and Google earnings.
