FTSE STI closed 2,813.93, up 15.23 points or +0.54% with a total volume of 1.31b and a total value of S$1.29b. Total number of advance vs decline was 205 vs 236. Of the 30 component index stocks, 15 closed positive, 11 closed negative and 4 remained unchanged. The top 5 gainer component stocks were :-
1. SIA +0.480
2. Jardine C&C +0.200
3. DBS +0.140
4. OCBC +0.130
5. SembMar +0.060
5. Genting +0.060
The top 5 loser component stocks were :-
1. JMH 400US$ -0.460
2. JSH 500US$ -0.420
3. CityDev -0.100
4. NobleGrp -0.050
5. SMRT -0.040
5. HKLand US$ -0.040
US markets pulled back yesterday night after a mixture of economic data and also investors awaiting for US Fed decision on rate and outlook of its policy towards the economy recovery tonight. Would be expecting no change in interest rate but would concern of US Fed's policy towards its support for the economy recovery. Asia bourses initially opened in the positive but soon closed mostly in the red as investors stay sideline ahead of the decision. Nikkei closed +0.93%, SSE -0.59% and HSI -0.93%. STI swinging between positive and negative region around the 2,800 level for the day but last minute buying caused the index to close at intra-day high and a new index high for 2009.
