FTSE STI closed 2,915.70, upp 1.76 points or +0.06% with a total volume of 1.05b and a total value of S$1.20b. Total number of advance vs decline was 235 vs 227. Of the 30 component index stocks, 13 closed positive, 16 closed negative and 1 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +1.500
2. UOB +0.180
3. HKLand US$ +0.130
4. F&N +0.050
5. SingTel +0.050
The top 5 loser component stocks were :-
1. Jardine C&C -0.560
2. DBS -0.460
3. JSH 500US$ -0.200
4. SIA -0.160
5. KepCorp -0.140
US markets closed mixed yesterday night with both DJ and Nasdaq closed in the positive while S&P500 in the red after a mixed of economic data. US economy indicated a slow growth while inflation remains tame. Asia bourses were mostly traded in narrow range switching between positive and negative regions but managed to close in the positive. Nikkei closed +0.75%, SSE +0.71% and HSI +0.19%. STI was able to held above the 2,900 level as a support but could not surpass the recent high of 2,933. It closed flat with +0.06% as during closing there was funds doing portfolio adjustment sold down blue chips ( DBS drop $0.40 on close ). The seller was originated from a Japanese brokerage house. Investors will be looking at tonight US whether still have the momentum to continue the up movement.
