FTSE STI closed 2,278.96, up 52.86 points or 2.38% with a total volume of 1.22b and a total value of S$1.14b. Total number of advance vs decline was 325 vs 138. Of the 30 component index stocks, 26 closed positive, 2 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-
1. SIA +0.500
2. UOB +0.460
3. Jardine C&C +0.320
4. JMH 400US$ +0.260
5. JSH 500US$ +0.180
5. SGX +0.180
5. KepCorp +0.180
The 2 loser component stocks were :-
1. SIA Engg -0.020
2. NOL -0.020
US markets were mixed yesterday after Monday sell down despite a below expectation Existing Home Sales data. Investors are awaiting for US Federal Reserve decision on interet rate and what they will comment on the economy tonight. Asia bourses rebound from yesterday sold down with Nikkei closed +0.43%, SSE +1.02% and HSI +2.02%. STI rebound +2.38% with thin volume with investors snapping up sold down blue chips and also hoping for some positive comment from US Federal Reserve about US economy.
