FTSE STI closed 1,707.39, down 4.53 points or 0.26% with a total volume of 806M and a total value of S$797M. Total number of advance vs decline was 166 vs 158. Of the 30 component index stocks, 13 closed positive, 14 closed negative and 3 remain unchanged. The top 5 gainer component stocks were :-
1. DBS +0.140
2. Wilmar +0.090
3. KepCorp +0.070
4. Capitaland +0.06
5. HKLand US$ +0.040
The top 5 loser component stocks were :-
1. JMH 400US$ -0.640
2. CityDev -0.230
3. Jardine C&C -0.160
4. UOB -0.120
5. SGX -0.100
US market rallied yesterday night due to better than expected housing sales data. Asia bourses in reaction to that mostly opened higher. Nikkei closed +2.73%, HSI +2.25% and SSE +2.28%. STI opened fairly strong but in the later afternoon subject to profit taking as investors awaiting for tonight non-farm payroll data closed -0.26%. Bank, Property and Offshore/Marine stocks were mixed.
