FTSE STI closed 3,173.57, up 10.04 points or +0.32% with a total volume of 1.85b and a total value of S$1.78b. Total number of advance vs decline was 176 vs 279. Of the 30 component index stocks, 16 closed positive, 10 closed negative and 4 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.500
2. Jardine C&C +0.200
3. KepCorp +0.180
4. JSH 500US$ +0.180
5. HKLand US$ +0.180
The top 5 loser component stocks were :-
1. SGX -0.270
2. SIA Engg -0.070
3. NOL -0.040
4. OCBC -0.040
5. CapMallsAsia -0.030
US markets were flat yesterday night despite some positive earning from companies and a better than expected Jobless claims. Asian bourses were mixed for the day and range bound and directionless ahead of this weekend G-20 meeting. Nikkei closed +0.54%, SSE -0.28% and HSI -0.56%. STI was trading within a 20 points range but managed to close +0.32% with the blue chips performing mixed. 16 out of 30 component stocks managed to close in the positive. Volume for the day was also thin in less than 2 billion. At mid-day, SGX was halt for trading as there was request from ASX to halt trading of SGX stock as they were news that ASX and SGX could form merger.
