FTSE STI closed 1,505.51, up 19.76 points or 1.33% with a total volume of 1.07b and a total value of S$923M. Total number of advance vs decline was 217 vs 167. Of the 30 component index stocks, 19 closed positive, 8 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.600
2. JSH 500US$ +0.270
3. Jardine C&C +0.230
4. SIA +0.210
5. CityDev +0.160
5. SGX +0.160
The top 5 loser component stocks were :-
1. KepLand -0.075
2. NOL -0.070
3. SPH -0.060
4. CapitaMall -0.040
5. NobleGrp -0.020
US markets rallied at least 4% overnight after Fed chairman said need stricter regulatory for the financial companies and also a very positive outlook in term of revenue from Citigroup CEO. US banks led the rallied. Asia bourses welcomed the rallied with opening gap up. However, later part of the day soon parse its gain as investors chose to take profit. Nikkei closed +4.55%, HSI +2.02% and SSE -0.91%. STI also rallied with bank and property counters leading the rally.
