FTSE STI closed 2,808.18, up 11.84 points or +0.42% with a total volume of 1.39b and a total value of S$1.43b. Total number of advance vs decline was 345 vs 131. Of the 30 component index stocks, 21 closed positive, 7 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-
1. UOB +0.160
2. DBS +0.160
3. JSH 500US$ +0.120
4. SGX +0.080
5. OCBC +0.070
The top 5 loser component stocks were :-
1. JMH 400US$ -0.360
2. Jardine C&C -0.280
3. HKLand US$ -0.080
4. Wilmar -0.020
5. F&N -0.010
5. ComfortDelGro -0.010
5. KepCorp -0.010
US markets were mixed yesterday night after a not very positive employment data. Both Nasdaq and S&P500 were positive whereas DJ closed negative. Asia bourses mostly closed in the positive with Nikkei +3.84%, SSE -0.16% and HSI +1.19%. STI closed at new 2009 high at 2,808.18 up +0.42% with most of the blue chips closed in the positive. Bank, Property and SingTel were leading the index in moving up. A positive European opening coupled with positive DJ future has caused some last minute buy up from investors. Investors will be looking at tomorrow night US unemployment rate with a previous data of 10.2% to determine the health of the labor market in US.
