FTSE STI closed 2,920.28, up 25.73 points or +0.89% with a total volume of 3.21b and a total value of S$2.41b. Total number of advance vs decline 456 vs 150. Of the 30 component index stocks, 20 closed positive, 8 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-
1. CityDev +0.500
2. SIA Engg +0.260
3. Wilmar +0.210
4. Jardine C&C +0.200
5. DBS +0.200
The top 5 loser component stocks were :-
1. JSH 500US$ -0.180
2. SIA -0.160
3. JMH 400US$ -0.160
4. UOB -0.040
5. Starhub -0.030
US markets rallied yesterday night after manufacturing data came in above expectation. Asia bourses took the cue and continued on the uptrend for the day with Nikkei closed +0.25%, SSE +1.18% and HSI +2.09%. STI traded above the 2,900 level for the day and close yet another record high at 2,920.28 with majority of the blue chips being bought up. Offshore/Marine, Oil/Gas stocks continued to led the rally.
