1. JMH 400US$ +2.140
2. JSH 500US$ +0.700
3. CityDev +0.160
4. F&N +0.150
5. DBS +0.100
The top 5 loser component stocks were :-
1. OCBC -0.110
2. SIA -0.110
3. UOB -0.110
4. Capitaland -0.040
5. Jardine C&C -0.040
5. SIA Engg -0.040
US markets closed at least +0.5% yesterday night reversing a negative opening mainly due to events happening in Europe. Greece PM Papandreou agreed to step down and form a coalition government while the current spotlight Italy was surfacing with mixed news that possible the PM is stepping down. Also news of ECB President citing Euro debt issue could be contained within the next 2 months and that helped the sentiment. Asian bourses were mixed for the days with Nikkei closed -1.27%, SSE -0.24% and HSI 0%. STI reopened after yesterday holiday at one point dipped into negative region but managed to close +0.64% in a moderate volume day. 16 out of the 30 index stocks registered positive closing. The positive opening of European bourses and US future did help the buying near closing period. There will be an Italian vote today to see whether current PM still have the support in parliament to implement the austerity measures to cut its debt and investors definitely are monitoring the situation.
