FTSE STI closed 2,752.60 points, up +12.90 points or +0.47% with a total volume of 1.14b and a total value of S$1.57b. Total number of advance vs decline was 277 vs 180. Of the 30 component index stocks, 17 closed positive, 10 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.300
2. SIA +0.220
3. DBS +0.220
4. KepCorp +0.100
5. NobleGrp +0.070
The top 5 loser component stocks were :-
1. Jardine C&C -0.180
2. SembMar -0.120
3. CityDev -0.100
4. UOB -0.060
5. SPH -0.040
5. ComfortDelGro -0.040
US markets dropped at least 1% last Friday when the consumer spending data missed expectation. Asia bourses were mixed for the day with Nikkei closed +0.06%, SSE -2.40% and HSI -0.01%. STI closed +0.47% in a thin
volume trade day after reopened for the long weekend. 17 out of 30 component index stocks were positive as market was rather directionless given that other Asia bourses were mixed, European markets were flattish and US markets are closed tonight. For the month of May, STI dropped 7.46%.
