FTSE STI closed 2,952.63, up 26.54 points or +0.91% with a total volume of 1.11b and a total value of S$1.28b. Total number of advance vs decline was 236 vs 187. Of the 30 component index stocks, 20 closed positive, 5 closed negative and 5 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +1.20
2. JSH 500US$ +1.00
3. Jardine C&C +0.760
4. F&N +0.250
5. UOB +0.240
The 5 loser component stocks were :-
1. DBS -0.080
2. SIA -0.040
3. SIA Engg -0.040
4. SMRT -0.030
5. StarHub -0.010
US markets fell at least 1% after US Fed Chief's comment on the recovery spelled uncertainties despite some positive earnings from Morgan Stanley, Pepsi, etc. Asian bourses were also mixed given the lack of direction on the US markets with Nikkei closed -0.62%, SSE +1.07% and HSI +0.50%. STI however managed to stay in the positive region throughout the days with bargain hunting help 20 of the 30 component index stocks to close positive. Before market opened, CapitaMall Trust posted an increase in DPU and net income set of result and after market closed, KepCorp posted a 2Q net profit of S$347.3M vs S$317.3M with market expecting S$343M.
