FTSE STI closed 3,163.41, up 10.07 points or +0.32% with a total volume of 2.37b and a total value of S$1.82b. Total number of advance vs decline was 283 vs 219. Of the 30 component index stocks, 14 closed positive, 10 closed negative and 6 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.300
2. KepCorp +0.220
3. CityDev +0.100
4. Wilmar +0.070
5. HKLand US$ +0.060
5. JSH 500US$ +0.060
The top 5 loser component stocks were :-
1. Jardine C&C -0.840
2. SIA -0.140
3. UOB -0.120
4. StarHub -0.020
5. ST Engg -0.020
5. NobleGrp -0.020
US markets closed positive last Friday despite a weak job data as investors were taking the view that the still weak job market will make the US Fed to inject stimulus as soon as possible. Asian bourses were mostly traded in positive region for the day. Nikkei was closed for holiday, SSE closed +2.49% and HSI +1.15%. STI was capped at 3,200 level and closed +0.32% with blue chips performing mix. A flattish European markets caused STI to pare earlier gain as investors taking off profit, stay cautious and await for earning from US banks middle of this week. SPH will be releasing its earning tomorrow after close to kick start the earning season for Singapore.
