FTSE STI closed 1,544.34, up 15.83 points or 1.04% with a total volume of 1.09b and a total value of S$945M. Total number of advance vs decline was 209 vs 163. Of the 30 component index stocks, 17 closed positive, 10 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.530
2. SIA +0.190
3. OCBC +0.130
4. Yanlord +0.120
5. Capitaland +0.100
The top 5 loser component stocks were :-
1. CapitaMall -0.280
2. JMH 400US$ -0.240
3. CityDev -0.230
4. F&N -0.100
5. DBS -0.050
US markets closed marginally down yesterday after open positively as investors still have great concern about the financial sectors. Asia bourses opened lower but managed to reverse and closed positive. Nikkei +0.85%, HSI +2.47% and SSE +6.12%. SSE posted a strong rally when investors were pondering for China to come with another stimulus package. This sentiment caused investors snapping up the beaten down badly S-shares.
