FTSE STI closed 2,980.69, up 13.04 points or +0.44% with a total volume of 1.72b and a total value of S$1.61b. Total number of advance vs decline was 205 vs 298. Of the 30 component index stocks, 14 closed positive, 12 closed negative and 4 remained unchanged. The top 5 gainer component stocks were :-
1. KepCorp +0.330
2. Jardine C&C +0.300
3. SGX +0.200
4. JSH 500US$ +0.140
5. CityDev +0.140
The top 5 loser component stocks were :-
1. JMH 400US$ -0.240
2. SembMar -0.070
3. OCBC -0.040
4. SIA Engg -0.040
5. CapMallAsia -0.030
5. Olam -0.030
US markets were mixed yesterday night with both DJ and Nasdaq closed in the positive but S&P500 was slight in the red after good result from Morgan Stanley. Asia bourses took the flattish performance from US markets and traded mostly in the negative region with profit taking kicking in. Nikkei closed -1.27%, SSE -1.11% and HSI -0.26%. STI managed to buck the trend and closed positive after European bourses opened in the positive in a thin volume trading day. Blue chips were mixed with investors taking a very cautious approach. After market closed, KepCorp reported a better than expected earning and Singapore will be releasing CPI data tomorrow.
