FTSE STI closed 1,659.17, up 15.49 points or 0.94% with a total volume of 867M and a total value of S$747M. Total number of advance vs decline was 221 vs 179. Of the 30 component stocks, 10 closed negative, 17 closed positive and 3 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.440
2. SIA +0.200
3. UOB +0.180
4. HKLand US$ +0.150
5. SPH +0.100
The top 5 loser component stocks were :-
1. JSH 500US$ -0.160
2. Capitaland -0.050
3. CapitaMall -0.050
4. SembMar -0.030
5. ST Engg -0.030
US markets performed another last hour wild swing again but this time closed down. Asia bourses initially reacted with opening down and soon firm up as bargain investors coming in to pick up battered down stocks. Nevertheless, investors still remain cautious awaiting for tonight US unemployment rate data and also the status of the 3 automakers bailout.