FTSE STI closed 2,868.02, up 24.00 points or +0.84% with a total volume of 1.17b and a total value of S$1.20b. Total number of advance vs decline was 304 vs 123. Of the 30 component index stocks, 26 closed positive, 2 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.860
2. JSH 500US$ +0.220
3. F&N +0.200
4. KepCorp +0.130
5. Jardine C&C +0.100
The 2 loser component stocks were :-
1. SIA -0.040
2. ST Engg -0.010
US markets were closed for holiday yesterday night. Asian markets were traded in positive region when SSE staged a rebound from yesterday drop. Nikkei closed +0.77%, SSE +1.92% and HSI +1.22%. In line with other Asian markets and coupled with European markets opened at least +1% and DJ future positive, late buying of the blue chips helped STI to close +24 points. 26 of the 30 component stocks registered positive close. Market is anticipating US markets to start rebound after being sold down for past weeks.
