FTSE STI closed 3,204.27, up 9.25 points or +0.29% with a total volume of 1.57b and a total value of S$1.82b. Total number of advance vs decline was 277 vs 219. Of the 30 component index stocks, 17 closed positive, 11 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-
1. SGX +0.420
2. DBS +0.260
3. F&N +0.130
4. StarHub +0.080
5. Olam +0.070
The top 5 loser component stocks were :-
1. JMH 400US$ -1.580
2. Jardine C&C -0.740
3. JSH 500US$ -0.580
4. CityDev -0.140
5. KepCorp -0.040
5. SembCorp -0.040
US markets closed slightly negative yesterday night after an unexpected rise in jobless claim and concern over US banks' foreclosure practices. After market closed, Google reported a better than expected earning. Asian bourses mostly closed lower for the day with Nikkei -0.87%, SSE +3.18% and HSI -0.40%. STI like SSE bucked the trend closed +0.29% at 3,204.27 with mixed performance from blue chips and a very thin volume day with total volume less than 2 billions. Investors are looking at tonight US Fed's statement on possible when the stimulus will be injected.
