FTSE STI closed 2,800.75, up 18.89 points or +0.68% with a total volume of 1.26b and a total value of S$1.16b. Total number of advance vs decline was 245 vs 220. Of the 30 component index stocks, 14 closed positive, 6 closed negative and 10 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.480
2. SIA +0.220
3. DBS +0.200
4. OCBC +0.130
5. SembMar +0.100
The top 5 loser component stocks were :-
1. JSH 500US$ -0.180
2. JMH 400US$ -0.140
3. UOB -0.040
4. ST Engg -0.020
5. NOL -0.010
5. KepCorp -0.010
US markets advanced yesterday night after a better than expected trade deficit offset a rising jobless claim. Asia bourses took the cue and traded in the positive region of the day with Nikkei closed +2.49%, SSE -0.21% ( due to profit taking ) and HSI +0.93%. STI still trading within 2,800 level and close 2,800 level with last minute buying up of blue chips when European markets opened in the positive coupling with positive DJ future. Investors still very cautious especially with concern over the debts issue from various countries.
