FTSE STI closed 2,806.51, up 13.04 points or +0.47% with a total volume of 920M and a total value of S$1.09b. Total number of advance vs decline was 264 vs 164. Of the 30 component index stocks, 16 closed positive, 9 closed negative and 5 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +1.420
2. JMH 400US$ +0.840
3. JSH 500US$ +0.680
4. UOB +0.140
5. CityDev +0.140
The top 5 loser component stocks were :-
1. HKLand US$ -0.130
2. F&N -0.050
3. NobleGrp -0.030
4. SembCorp -0.020
5. ST Engg -0.020
5. Genting -0.020
6. CapitaMall -0.020
US markets ended in the positive yesterday night led by tech and energy stocks with economic data reporting weekly jobless claims fell more than expected, private-sector added job fewer than expected and ISM service index was flat for the month of May. Asia bourses were mixed with the flattish performance of US markets. Nikkei closed -0.13%, SSE +0.04% and HSI -0.03%. STI performed slightly better than rest of the Asian markets with a +0.47% closing led by the Jardine Group of stocks, firm opening of European markets and positive DJ future. Investors will be looking at tonight US unemployment rate as well as the outcome of the G20 meeting over the European debt issue.
