FTSE STI closed 1,746.99, up 16.54 points or 0.96% with a total volume of 867M and a total value of S$806M. Total number of advance vs decline was 158 vs 224. Of the 30 component index stocks, 18 closed positive, 9 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.560
2. JSH 500US$ +0.220
3. DBS +0.210
4. F&N +0.140
5. Starhub +0.110
5. OCBC +0.110
The top 5 loser component stocks were :-
1. UOB -0.220
2. KepCorp -0.100
3. SembMar -0.050
4. CapitaMall -0.040
5. SIA -0.020
5. SPH -0.020
5. Kepland -0.020
US markets closed firm up on last Friday before taking a break for tonight and tomorrow night. Asia bourses reacted positively with most of them closed flat towards the positive side. Nikkei closed +0.32%, HSI closed +0.64% and SSE closed +1.65%. Though STI managed to close flattish towards the positive, stocks were mixed as investors remained cautious on corporate earnings, Obama's inauguration, Singapore 4Q08 GDP and Singapore budget.
