FTSE STI closed 3,192.29, up 11.02 points or +0.35% with a total volume of 1.85b and a total value of S$2.15b. Total number of advance vs decline was 249 vs 228. Of the 30 component index stocks, 14 closed positive, 10 closed negative and 6 remained unchanged. The top 5 gainer component stocks were :-
1. JSH 500US$ +0.500
2. Jardine C&C +0.380
3. JMH 400US$ +0.360
4. CityDev +0.240
5. UOB +0.180
The top 5 loser component stocks were :-
1. SGX -0.090
2. Olam -0.080
3. OCBC -0.040
4. SIA Engg -0.020
5. CapitaMall -0.020
5. NobleGrp -0.020
5. Wilmar -0.020
5. F&N -0.020
US markets were up at least 0.5% yesterday night after a better than expected earning from Citigroup despite economic data showed that Sept industrial production dropped. Asian bourses took the cue and traded in positive region for the day. Nikkei closed +0.43%, SSE +1.58% and HSI +1.25%. STI resistance at 3,200 closed +0.35% in a very thin volume day as main focus still on GLP which it gained another 5% today after news that it will be added into the MSCI index from Nov onwards. Blue chips were mixed. Investors will be looking at more corporate earning this week.
