FTSE STI closed 2,912.92, up 0.90 point or +0.03% with a total volume of 1.90b and a total value of S$1.57b. Total number of advance vs decline was 213 vs 286. Of the 30 component index stocks, 11 closed positive, 10 closed negative and 9 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.240
2. SIA +0.180
3. Jardine C&C +0.160
4. Capitaland +0.080
5. ST Engg +0.060
The top 5 loser component stocks were :-
1. SGX -0.090
2. CityDev -0.080
3. JSH 500US$ -0.080
4. OCBC -0.070
5. SIA Engg -0.050
US markets were closed for holiday yesterday but with European markets closed in the positive, buying sentiment was back in Asia bourses today. Nikkei closed -0.83% with JAL filing for bankruptcy, SSE +0.30% and HSI +1.02% with a late afternoon reversal. STI closed flat up 0.90 points with the component stocks performing mix. SGX is the biggest loser among the component stocks despite recorded a better first half earning. Investors are also cautious ahead of US banks result this weak after last week JPMorgan reported a loan loss which ate into its revenue.
