FTSE STI closed 1,732.57, up 22.05 points or 1.29% with a total volume of 1.26b and a total value of S$1.12b. Total number of advance vs decline was 196 vs 181. Of the 30 component stocks, 18 closed positive, 9 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. UOB +0.380
2. DBS +0.330
3. Jardine C&C +0.280
4. CityDev +0.180
5. JMH 400US$ +0.180
The top 5 loser component stocks were :-
1. KepCorp -0.600
2. SembCorp -0.220
3. SembMar -0.170
4. Olam -0.020
4. NOL -0.020
4. F&N -0.020
US markets were closed for thanksgiving however Europe markets ability to close firm yesterday night also firmed up Asia bourses today. Coupling with a possible month end window dressing, most Asia bourses closed in the positive. In STI due to KepCorp news of cancellation of contracts, offshore and marine stocks were under heavy selling pressure.
