FTSE STI closed 2,680.47, up 27.96 points or +1.05% with a total volume of 1.47b and a total value of S$1.11b. Total number of advance vs decline was 368 vs 153. Of the 30 component index stocks, 26 closed positive, 1 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.820
2. UOB +0.320
3. SIA +0.160
4. SIA Engg +0.120
5. JSH 500US$ +0.120
The only loser component stock was :-
1. JMH 400US$ -0.500
US markets closed positive last Friday with DJ at a new 12-month high. Asia bourses were in general upbeat with the performance opened in the positive side but soon most of them closed in the red with profit taking kicking in. With Nikkei closed for holiday, SSE closed -0.59% and HSI -0.93%. STI managed to stay above positive region throughout the day closing +1.05% after a slightly better than expected 3Q advance GDP figure and with the Government adjusted for a better estimation for 2009 GDP, investors were snapping up blue chips.
