FTSE STI closed 3,269.31, up 20.92 points or +0.64% with a total volume of 3.06b and a total value of S$1.60b. Total number of advance vs decline was 279 vs 154. Of the 30 component index stocks, 7 closed negative, 2 unchanged and 21 closed positive. The top 5 gainer component stocks were :-
1. JMH 400US$ +1.900
2. Jardine C&C +1.680
3. JSH 500US$ +0.150
4. Wilmar +0.140
5. KepCorp +0.110
The top 5 loser component stocks were :-
1. UOB -0.160
2. SIA -0.050
3. SembMar -0.030
4. SingTel -0.020
5. StarHub -0.010
5. CapitaMall -0.010
US markets closed mixed with Apple dragging down Nasdaq after the missed expectation earning. Asian bourses were mixed for the day. Nikkei +2.88% after Yen weaken as talk of USD-YEN could hit 100. SSE -0.49% and HSI -0.08%. STI rose 0.64% in another new 52-week high on moderate volume and value. 21 of the 30 index stocks registered positive closing.
Positive US economic data and Apple poor earning was divided for US markets while Asian bourses also trying to find for lead. Singapore reported December Industrial Output this afternoon coming in at -0.6% vs -4.8% expected. The better than expected data coupling with some of the more positive corporate earning helped lifted the stocks.
Market in general is trying to digest corporate earning at the moment.
