FTSE STI closed 2,929.14, up 22.86 points or +0.79% with a total volume of 1.35b and a total value of S$1.16b. Total number of advance vs decline was 327 vs 154. Of the 30 component index stocks, 19 closed positive, 5 closed negative and 6 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.840
2. CityDev +0.220
3. UOB +0.180
4. SembMar +0.170
5. KepCorp +0.160
The 5 loser component stocks were :-
1. JSH 500US$ -0.060
2. ST Engg -0.050
3. NobleGrp -0.030
4. SGX -0.030
5. NOL -0.010
US markets closed mixed last Friday as lacking catalysts to move the market higher. Asia bourse were also in range bound mode with Nikkei closed -0.09%, SSE +2.09% and HSI +0.88%. STI managed to stay above 2,900 and closed at day high with a +22.86 points gain when investors snapping up the blue chips ahead for a probably window dressing this Wednesday. Investors also looking at a series of economy data from US this week to determine the market movement.
