FTSE STI closed 1,643.68, up 3.11 points or 0.19% with a total volume of 1.19b and a total value of S$818M. Total number of advance vs decline was 184 vs 183. Of the 30 component stocks, 13 closed positive, 12 closed negative and 5 remained unchanged. The top 5 gainer component stocks were :-
1. SIA +0.200
2. Olam +0.095
3. ST Engg +0.060
4. CityDev +0.060
5. HKLand US$ +0.050
5. Wilmar +0.050
The top 5 loser component stocks were :-
1. JMH 400US$ -0.700
2. JSH 500US$ -0.300
3. Jardine C&C -0.140
4. CapitaMall -0.070
5. SIA Engg -0.040
5. UOB -0.040
US markets performed another last hour rallied when investors buying up the defensive counters. However, Asia bourses mostly muted to the rally with most open relatively flat and soon gave up the gain with Nikkei and HSI both closed slightly negative. Investors are looking at tonight data on Factory Orders and Jobless Claims. Furthermore, ECB and BOE should be cutting interest rate tonight.
