FTSE STI closed 2,761.54, up 2.75 points or +0.10% with a total volume of 1.15b and a total value of S$1.16b. Total number of advance vs decline was 200 vs 229. Of the 30 component index stocks, 14 closed positive, 13 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.360
2. DBS +0.260
3. SembCorp +0.100
4. KepCorp +0.090
5. CityDev +0.060
5. SIA Engg +0.060
5. CapitaMall +0.060
The top 5 loser component stocks were :-
1. JMH 400US$ -0.320
2. SIA -0.200
3. StarHub -0.040
4. Wilmar -0.040
5. SingTel -0.030
5. Olam -0.030
5. HKLand US$ -0.030
US markets fell average 1% yesterday night and caused Asia bourses to close in the negative for the day with exception of STI. Nikkei closed -0.54%, SSE -0.37% and HSI -0.83%. STI closed positive with mixture performance of the blue chips. Board market still weak with only selective buying of the blue chips that caused STI to close in the positive. Investors still cautious on the buying despite economy data showing Singapore is out of recession and could obtain a at least 3% GDP growth for next year.
