1. Jardine C&C +0.510
2. F&N +0.130
3. SembCorp +0.090
4. SGX +0.070
5. NobleGrp +0.050
The top 5 loser component stocks were :-
1. JSH 500US$ -0.680
2. JMH 400US$ -0.380
3. DBS -0.100
4. SingTel -0.080
5. ST Engg -0.040
5. CityDev -0.040
US markets fell at least 1% yesterday night led by banking stocks with the usual worries over the EU debt crisis. ECB President commented that ECB will not be aggressively buying Government bonds and that disappointed investors despite EU Finance Ministers agreed on the 200b euros injection to IMF. Asian bourses after past days of selling closed mixed for the day. Nikkei closed +0.49%, SSE -0.10% and HSI +0.06%. STI swing between positive and negative closing flat with a -0.14% as dragged down by SingTel in which today went XD. Despite the thin volume ( less than 1 billion ) some bargain hunting on the fundamental sound and blue chips were observed after days of beating down of prices. Global markets should be heading for a technical rebound soon as news/events are pretty much the same old things.
