1. JMH 400US$ +0.530
2. JSH 500US$ +0.290
3. UOB +0.100
4. SGX +0.050
5. CityDev +0.040
5. KepCorp +0.040
The top 5 loser component stocks were :-
1. Jardine C&C -0.360
2. HKLand US$ -0.180
3. F&N -0.050
4. Wilmar -0.010
5. SIA Engg -0.010
5. CapMallsAsia -0.010
US markets fell at least 1% yesterday night as concern of EU debt crisis resurfaced. While Italy's bond auction brought relief to its borrowing cost but report of ECB balance sheet at record high due to EU debt crisis dampened the sentiment in a thin volume trading day which could easily swing the market by 1%. Nevertheless, that news was not something new. Asian bourses reacted by mostly traded in negative region. Nikkei closed -0.29%, SSE +0.16% as speculation of another RRR cut and HSI 0.65%. STI in another totally directionless day ended +0.24% in a less than 600 million volume day with some window dressing on selective blue chips pushed the index in the positive. 17 of the 30 index stocks managed to close positive. Tomorrow will be the last trading day for 2011, while it is unlikely STI will be able to record a positive return for 2011, with the thin volume, STI could swing probably 1% either direction depending on what are being dressed up or down.
