FTSE STI closed 3,129.50, up 5.12 points or +0.16% with a total volume of 3.28b and a total value of S$1.95b. Total number of advance vs decline was 234 vs 204. Of the 30 component index stocks, 16 closed positive, 11 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +0.420
2. JSH 500US$ +0.340
3. SIA Engg +0.060
4. OCBC +0.060
5. SembCorp +0.050
The top 5 loser component stocks were :-
1. Jardine C&C -0.200
2. DBS -0.080
3. ST Engg -0.060
4. UOB -0.040
5. CapitaMall -0.030
US markets were mixed yesterday night with DJ and S&P500 closed in the red while Nasdaq closed in the green. Investors were divided against corporate earning, better new home sales data and concern of Fed stimulus program. Asian bourses were also mixed given the directionless by US markets. Nikkei closed -0.22%, SSE -0.15% and HSI +0.20%. STI managed to rebound slightly from yesterday sell down with immediate support at 3,120 as investors still very cautious at the moment. Blue chips were mixed for the day while daily volume hit the 3 billion level, mostly contributed by Top Global after announcing winning the bid for the capitol area development.
