FTSE STI closed 2,844.02, down 0.17 points or -0.006% with a total volume of 976M and a total value of S$890M. Total number of advance vs decline was 144 vs 260. Of the 30 component index stocks, 12 closed positive, 15 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. JSH 500US$ +0.160
2. Wilmar +0.130
3. SembCorp +0.050
4. CityDev +0.040
5. SMRT +0.040
5. UOB +0.040
The top 5 loser component stocks were :-
1. Jardine C&C -0.220
2. F&N -0.090
3. SGX -0.050
4. OCBC -0.050
5. KepCorp -0.040
US markets closed negative last Friday after the unemployment data. Unemployment rate dropped to 9.5% from 9.7% but private sector added less than expected number of jobs for the month of June. Asian markets were flattish for the day with Nikkei closed +0.69%, SSE -0.80% and HSI -0.32%. With US markets close for holiday tonight, markets were very quiet and index mostly move within very narrow range with thin volume. Most investors are sideline for the time being awaiting for clearer direction.
