FTSE STI closed 2,650.95, up 16.32 points or +0.62% with a total volume of 2.03b and a total value of S$1.55b. Total number of advance vs decline was 276 vs 194. Of the 30 component index stocks, 22 closed positive, 7 closed negative and 1 remained unchanged. The top 5 gainer component stocks were :-
1. JSH 500US$ +0.200
2. JMH 400US$ +0.180
3. Capitaland +0.140
4. KepCorp +0.100
5. Olam +0.090
The top 5 loser component stocks were :-
1. CapitaMall -0.060
2. Jardine C&C -0.060
3. SingTel -0.020
4. SPH -0.020
5. StarHub -0.010
5. OCBC -0.010
5. SIA Engg -0.010
US markets closed mixed yesterday night with Nasdaq and S&P500 posted a gain while DJ ended in the red. After market closed, Alcoa reported a profit for their quarter earning when analysts expected still a loss. That news lifted the sentiment of the Asia bourses as most traded in the positive region. Nikkei closed +0.34% and HSI +1.18%. STI despite SingTel continue to drop in price due to worry of revenue hurt in the India operation managed to close +0.62% with commodity, offshore/marine and property stocks leading the buy up. Investors will be looking at how US markets digest the Aloca's earning tonight and also awaiting SSE reopened for trading tomorrow after 1 week break.
