FTSE STI closed 2,614.18, up 42.87 points or 1.67% with a total volume of 2.86b and a total value of S$2.20b. Total number of advance vs decline was 448 vs 142. Of the 30 component index stocks, 20 closed positive, 8 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-
1. Wilmar +0.430
2. KepCorp +0.280
3. OCBC +0.210
4. UOB +0.200
5. CityDev +0.190
The top 5 loser component stocks were :-
1. SIA -1.100
2. CapitaMall -0.040
3. StarHub -0.030
4. ComfortDelGro -0.020
5. ST Engg -0.010
5. SMRT -0.010
5. SembCorp -0.010
5. SIA Engg -0.010
US markets advanced at least 1% after US Federal Reserve maintained near 0% interest rate and positive comment from US Fed Chief about US economy. Asia bourses cheered with indices trading in positive region for the day. Nikkei closed +0.79%, SSE +0.89% ( reversed earlier loss ) and HSI +2.09%. STI maintained above 2,600 level throughout the day and closed +1.67% with bank, commodity, property and offshore/marine counters leading the rally. SIA was the heavy loser after it gone XA. Investors will be looking at tonight US retail sales data.
