FTSE STI closed 3,120.44, up 40.70 points or +1.32% with a total volume of 1.41b and a total value of S$2.17b. Total number of advance vs decline was 315 vs 143. Of the 30 component index stocks, 20 closed positive, 6 closed negative and 4 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +2.460
2. Jardine C&C +2.400
3. DBS +0.260
4. UOB +0.240
5. KepCorp +0.220
The top 5 loser component stocks were :-
1. JSH 500US$ -0.200
2. SIA -0.100
3. NOL -0.010
4. CapMallsAsia -0.010
5. Genting SP -0.010
5. CapitaMall -0.010
US markets closed on average at least +0.5% yesterday night after Greek Parliament passed the required vote on the austerity measures. Asian bourses took the cue and with window dressing on the card, rallied at least +1% for most of them. Nikkei closed +0.19%, SSE +1.23% and HSI +1.53%. STI closed +1.32% with 20 out of 30 index stocks registering a positive closing. Bank and Property stocks were up on window dressing coupling with the Jardine group and SingTel. Tonight is the last round of vote for the Greek as the lawmakers vote to pass those austerity measures as a final version before EU and IMF can release the bailout funds to them
