FTSE STI closed 1,829.71, up 68.15 points or 3.87% with a total volume of 956M and a total value of S$686M. Total number of advance vs decline was 305 vs 113. Of the 30 component stocks, 27 closed positive and 3 closed negative. The top 5 gainer component stocks were :-
1. SIA +0.560
2. UOB +0.460
3. Jardine C&C +0.420
4. Wilmar +0.280
5. DBS +0.270
The 3 loser component stocks were :-
1. JSH 500US$ -0.490
2. JMH 400US$ -0.160
3. Cosco -0.025
US markets ended on the positive side on the last day of 2008 and triggered a slightly positive sentiment in Asia bourses today. Most Asia bourses were on the positive side with HSI +4.56%, KOSPI +2.93%. SSE close -0.66% while Nikkei still closed. STI overcame a flattish morning half to finish strongly in the afternoon session with mostly buying of the blue chips.