FTSE STI closed 2,559.07, up 139.86 points or 5.78% with a total volume of 2.135b and a total value of S$2.706b. Total number of advance vs decline were 523 vs 127. Of the 30 STI component stocks, 26 of them closed positive, 3 closed negative and 1 remain unchanged. The top 5 gainer STI component stocks were :-
1. Jardine C&C +1.820
2. UOB +1.060
3. DBS +1.000
4. KepCorp +0.700
5. SGX +0.640
The 3 loser component stocks were :-
1. Wilmar -0.070
2. SPH -0.060
3. F&N -0.030
The big rally for today was in line with other Asia markets to the big rally in US markets yesterday night with news of a possible U.S. government plan to rescue banks from toxic mortgage debt. All eyes will be on US markets today for the confirmation of that piece of news.
