FTSE STI closed 3,313.61, up 13.21 points or +0.40% with a total volume of 2.57b and a total value of S$2.53b. Total number of advance vs decline was 307 vs 231. Of the 30 component index stocks, 20 closed positive, 6 closed negative and 4 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.540
2. KepCorp +0.280
3. SembMar +0.200
4. Wilmar +0.150
5. SIA +0.140
The top 5 loser component stocks were :-
1. JSH 500US$ -1.020
2. CityDev -0.180
3. HKLand US$ -0.160
4. NOL -0.050
5. SMRT -0.010
5. GoldenAgr -0.010
US markets mostly closed slight negative yesterday night as investors took profit after the recent run up. As earning season coming to the end, focus will be on economic data and the coming G20 meeting over the weekend. Asian bourses were mostly negative as investors taking profit. Nikkei closed -0.39%, SSE -0.78% and HSI -1.02%. STI however bucked the trend by regional bourses by closing to another new 2 years high at 3,313.61 with a +0.40% gain. 20 out of the 30 component stocks managed to close positive with offshore/marine stocks leading the buy up with their recent solid earning.
