FTSE STI closed 2,642.23, up 13.80 points or +0.53% with a total volume of 3.31b and a total value of S$1.86b. Total number of advance vs decline was 339 vs 230. Of the 30 component index stocks, 20 closed positive, 7 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. JSH 500US$ +0.380
2. CityDev +0.260
3. UOB +0.140
4. JMH 400US$ +0.120
5. Olam +0.090
The top 5 loser component stocks were :-
1. SIA -0.120
2. DBS -0.120
3. Jardine C&C -0.100
4. KepCorp -0.030
5. Genting -0.025
US markets closed flat on the positive side after positive economic data on durable goods orders and home sales as investors remained cautiously. Asia bourses were mainly traded in narrow range and in the negative side. Nikkei closed -1.56% ahead of this weekend election. SSE closed -0.71% and HSI -1.04%. STI reversed earlier loss and closed in the positive region bucking the trend of another Asia bourses when a positive DJ future and European opening lifted the sentiment when investors came in to buy in anticipating tonight US markets might continue to move up with 2Q GDP figure.
