FTSE STI closed 2,943.02, up 55.56 points or +1.92% with a total volume of 1.42b and a total value of S$1.35b. Total number of advance vs decline was 365 vs 129. Of the 30 component index stocks, 26 closed positive and 4 remained unchanged. The top 5 component stocks were :-
1. Jardine C&C +1.900
2. JSH 500US$ +0.840
3. JMH 400US$ +0.800
4. UOB +0.440
5. SIA +0.320
5. KepCorp +0.320
US markets closed in the red yesterday night after the job data indicated private sector shed more job than expected. Asia bourses after yesterday of selling down managed to trade in the positive zone despite the slip in US markets the day before. Nikkei closed +1.39%, SSE +1.23% and HSI +1.40%. STI also managed to recover yesterday loss and broke Jan highest close of 2,933 as investors snapping up the blue chips with none of the index stock closed in the red. There will the ISM data and unemployment rate in US for today and tomorrow while most of Asia bourses will be having a holiday for Good Friday.
