FTSE STI closed 2,933.53, up 10.77 points or +0.37% with a total volume of 3.09b and a total value of S$2.07b. Total number of advance vs decline was 423 vs 160. Of the 30 component index stocks, 16 closed positive, 12 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-
1. Wilmar +0.210
2. CityDev +0.140
3. NOL +0.120
4. NobleGrp +0.080
5. F&N +0.080
5. SPH +0.080
5. SGX +0.080
The top 5 loser component stocks were :-
1. JMH 400US$ -0.480
2. OCBC -0.110
3. SIA -0.080
4. UOB -0.040
5. DBS -0.040
5. SIA Engg -0.040
US markets posted another positive closing after the employment situation whereby unemployment rate remained at 10.0%. Asia bourses took the cue and traded in the positive region for the day. Nikkei was closed for public holiday while SSE closed +0.52% and HSI +0.52%. STI closed +0.37% in line with other Asia bourses whereby small cap stocks outperformed the big blue. As investors remained cautious of chasing the already high price blue chips ahead of the earning season, focus were shifted to the small cap stocks. Alcoa will be releasing its earning tonight and investors will be focusing on corporate earnings for the moment.
