FTSE STI closed 2,906.28, up 17.91 points or +0.62% with a total volume of 1.54b and a total value of S$1.16b. Total number of advance vs decline was 313 vs 167. Of the 30 component index stocks, 23 closed positive, 5 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +1.100
2. DBS +0.160
3. F&N +0.120
4. SGX +0.100
5. Capitaland +0.090
The 5 loser component stocks were :-
1. JSH 500US$ -0.060
2. Wilmar -0.050
3. ST Engg -0.020
4. CapitaMall -0.010
5. Genting -0.005
US markets were up in the early part of the day but closed flat with DJ in the positive but Nasdaq and S&P500 in the red as poor response of bond auction and concern on bailout of Greece caused the selling off. After market closed, EU agreed deal to bailout Greece and that provided some bright sentiment for Asian bourses. Asia bourses mostly traded in the positive region with Nikkei closed +1.55%, SSE +1.34% and HSI +1.32%. STI managed to recover from earlier lost and closed +0.62% with investors snapping up the blue chips. 23 component stocks recorded a gain on close while on 5 closed in the red. Market is in a consolidation mode with quarter window dressing next week and earning season start in middle of April.
