FTSE STI closed 2,879.76, up 10 points or +0.35% with a total volume of 1.76b and a total value of S$1.13b. Total number of advance vs decline was 290 vs 175. Of the 30 component index stocks, 18 closed positive, 8 closed negative and 4 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.480
2. UOB +0.220
3. SIA +0.180
4. SIA Engg +0.090
5. SGX +0.080
The top 5 loser component stocks were :-
1. JMH 400US$ -0.300
2. CapitaMall -0.040
3. Cosco -0.030
4. Genting -0.020
5. Noble -0.020
5. NOL -0.020
5. Olam -0.020
US markets closed flat yesterday night as investors could not find enough good news to buy up the stock prices. Asia bourses were mixed given the flattish performance of US markets. Nikkei closed -0.86%, SSE +1.58% and HSI -0.01%. STI recovered early loss to close another new year 2009 at 2,879.76 points as funds window dressing for the year end.