Market Summary -- 1st Jun 11

FTSE STI closed 3,172.87, up 12.94 points or +0.41% with a total volume of 949M and a total value of S$1.22b.  Total number of advance vs decline was 209 vs 232.  Of the 30 component index stocks, 16 closed positive, 11 closed negative and 5 remained unchanged.  The top 5 gainer component stocks were :-

1. JMH 400US$  +1.860

2. Jardine C&C  +0.900

3. JSH 500US$  +0.500

4. DBS  +0.100

5. Wilmar  +0.080

The top 5 loser component stocks were :-

1. F&N  -0.100

2. KepCorp  -0.080

3. NobleGrp  -0.070

4. UOB  -0.040

5. SIA Engg  -0.020

5. Olam  -0.020

5. StarHub  -0.020

5. SembMar  -0.020

US markets closed at least +1% yesterday night with investors looking forwards to Greece's issue could be resolved despite some weakening economic data.  Asian bourses having move up yesterday will mixed for the day with Nikkei closed +0.27%, SSE 0% and HSI -0.24%.  STI capped at 3,180 closed +0.41% in a very thin volume day; less than 1 billion in volume for the day.  Investors were still cautious as market move up in thin volume.  Investors will be also looking at this Friday US employment situation.