FTSE STI closed 2,818.21, up 0.14 points or +0.005% with a total volume of 1.49b and a total value of S$1.54b. Total number of advance vs decline was 298 vs 149. Of the 30 component index stocks, 10 closed positive, 14 closed negative and 6 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.600
2. SembMar +0.070
3. NobleGrp +0.040
4. UOB +0.040
5. Genting +0.030
5. KepCorp +0.030
The top 5 loser component stocks were :-
1. JMH 400US$ -0.240
2. Wilmar -0.080
3. F&N -0.070
4. ST Engg -0.040
5. SPH -0.020
5. Olam -0.020
5. SGX -0.020
5. JSH 500US$ -0.020
US markets reversed earlier gain and closed in the negative after Moody downgraded Greece's debt rating. Asia bourses however were muted with that action and traded flattish for the day with Nikkei closed +0.08% and HSI +0.05% with SSE still closed for holiday. STI supported by the 2,800 level hit an intra-day high of 2,826 before closing flat in a high volume day with investors who were sideline so far start coming back for the penny stocks. STI currently is at the resistance level of 2,820 and breaking that level will shift up the STI to 2,820 - 2,940 range for further consolidation.
