FTSE STI closed 2,782.79, up 10.59 points or +0.38% with a total volume of 1.29b and a total value of S$1.14b. Total number of advance vs decline was 174 vs 279. Of the 30 component index stocks, 16 closed positive, 11 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. JMH400US$ +0.240
2. JSH 500US$ +0.240
3. HKLand US$ +0.200
4. Jardine C&C +0.200
5. CityDev +0.140
The top 5 loser component stocks were :-
1. UOB -0.080
2. SGX -0.050
3. Olam -0.050
4. F&N -0.050
5. Wilmar -0.030
5. KepCorp -0.030
US markets closed marginally positive yesterday night when selling of tech stocks pared off gain from M&A activities. Asia bourses took that as positive signal and mostly traded and closed positive for the day. Nikkei closed +0.31%, SSE +0.78% and HSI -0.14%. STI able to hold above 2,750 and closed +0.38% at 2,782.79 inline with most regional bourses. Blue chips were mixed. Investors will be looking at US economic data this week especially the employment situation and resolution of the Greece's debt issue.
