FTSE STI closed 2,758.90, up 5.27 points or +0.19% with a total volume of 1.21b and a total value of S$1.13b. Total number of advance vs decline was 263 vs 167. Of the 30 component index stocks, 17 closed positive, 10 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. CityDev +0.240
2. Olam +0.160
3. HKLand US$ +0.100
4. F&N +0.100
5. Capitaland +0.070
The top 5 loser component stocks were :-
1. SIA -0.440
2. JMH 400US$ -0.260
3. NOL -0.060
4. SingTel -0.050
5. Genting -0.020
5. CapitaMall -0.020
5. Wilmar -0.020
US markets rose at least 1% yesterday night upon news of EU getting in to bailout Greece but no detail plan has been revealed yet. Asia bourses took the cue and traded in the positive region for most part of the day but with investors locking in profit over the long CNY break, HSI closed -0.11%. Nikkei closed +1.29% and SSE +1.09%. STI led back property and commodity stocks closed +0.19% ahead of the CNY break. Over the CNY period, investors will be monitoring for detail plan for the bailout of Greece.
