FTSE STI closed 2,844.19, up 23.84 points or +0.85% with a total volume of 1.26b and a total value of S$1.47b. Total number of advance vs decline was 264 vs 172. Of the 30 component index stocks, 22 closed positive, 5 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.820
2. Jardine C&C +0.700
3. JSH 500US$ +0.200
4. OCBC +0.130
5. DBS +0.120
5. CityDev +0.120
The 5 loser component stocks were :-
1. SembMar -0.050
2. Genting -0.020
3. CapMallsAsia -0.020
4. HKLand US$ -0.010
5. KepCorp -0.010
US markets closed in the red again though it manged to pared earlier loss. It has a disappointing housing data, jobless claim went up more than expected and June manufacturing index dropped more than expected. Asian bourses were mixed for the day while awaiting for tonight US unemployment rate. Nikkei closed +0.13%, SSE +0.38% and HSI -1.11%. STI managed to close positive with investors snapping up the blue chips causing 22 out of 30 STI component stocks to close positive led by the Jardine Groups and banks.
