FTSE STI closed 2,260.36, up 83.38 points or 3.83% with a total volume of 2.52b and a total value of S$2.18b. Total number of advance vs decline was 476 vs 122. Of the 30 component index stocks, 27 closed positive, 2 closed negative and 1 remained unchanged. The top 5 gainer component stocks were :-
1. DBS +0.800
2. UOB +0.480
3. CityDev +0.420
4. KepCorp +0.330
5. Capitaland +0.300
The 2 loser component stocks were :-
1. JMH 400US$ -0.200
2. Jardine C&C -0.020
US markets rallied yesterday night with positive comment from Treasury Secretary and a better than expected housing data. Asia bourses reacted positively with the rally and traded in the positive region for the days. Nikkei closed +2.78%, SSE +0.90% and HSI +3.06%. STI closed +3.83% with 27 of the 30 component index stocks in the positive and index ranged between 2,220 to 2,260.
