FTSE STI closed 2,629.35, down 19.29 points or -0.73% with a total volume of 1.41b and a total value of S$1.08b. Total number of advance vs decline was 128 vs 425. Of the 30 component index stocks, 7 closed positive, 20 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. SIA +0.200
2. JSH 500US$ +0.140
3. Wilmar +0.090
4. SIA Engg +0.070
5. ComfortDelGro +0.040
The top 5 loser component stocks were :-
1. UOB -0.260
2. Olam -0.160
3. Jardine C&C -0.140
4. Capitaland -0.140
5. KepCorp -0.100
US markets faded off the initial rally after US Fed decision to maintain interest rate and also sounded the same comment as per last month on their view on US economy and support to it. Asia bourses also traded in the negative region with Nikkei closed -1.29%, SSE +0.85% ( bucking the trend of other Asia markets ) and HSI -0.63%. STI traded in negative region throughout the day in a very narrow range with investors selling off blue chips taking profit. STI closed -0.73%. Investors should be looking at tomorrow night US unemployment rate for any indication of the health of the job market in US.
