FTSE STI closed 2,273.18, up 35.98 points or 1.61% with a total volume of 1.56b and a total value of S$1.21. Total number of advance vs decline was 338 vs 132. Of the 30 component index stocks, 24 closed positive, 3 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.900
2. Jardine C&C +0.540
3. UOB +0.440
4. JSH 500US$ +0.400
5. SIA +0.300
The 3 loser component stocks were :-
1. SingTel -0.020
2. Comf0rtDelGro -0.010
3. StarHub -0.010
US markets rebound yesterday night after positive economic data. Asia bourses reacted with opened in the positive as investors bargain hunt the battle down blue chip. Nikkei closed +0.85%, SSE +0.93% and HSI +0.81%. STI closed +1.61% in a low volume trading days with 27 of the component stocks closing up; led by bank stocks. However, the low volume still spell some cautiousness in the market as investors awaiting for fresh lead.
