FTSE STI closed 3,181.41, up 8.97 points or +0.28% with a total volume of 1.07b and a total value of S$1.10b. Total number of advance vs decline was 224 vs 217. Of the 30 component index stocks, 17 closed positive, 11 closed negative and 2 remained unchanged. The top 5 gainer component stocks were :-
1. JMH 400US$ +1.260
2. JSH 500US$ +0.340
3. CityDev +0.320
4. KepCorp +0.080
5. SIA +0.040
5. DBS +0.040
5. SIA Engg +0.040
The top 5 loser component stocks were :-
1. UOB -0.120
2. Jardine C&C -0.100
3. SGX -0.080
4. StarHub -0.040
5. ComfortDelGro -0.030
US markets recovered from earlier loss and closed in positive region after a miss expectation unemployment rate data. Unemployment rate rose to 9.8% from 9.6% as number of jobs hiring were lesser than expected. US markets took that as US Fed might have another round of stimulus injection ( QE3 ) on top of the recent QE3 to combat the weak job markets. Asian bourses were mostly opened in positive region but soon closed mixed as profit taking kicked in with Nikkei closed -0.11%, SSE +0.52% and HSI -0.36%. STI resistance at 3,200 for the day were under selling pressure in the afternoon when profit taking kicked in coupling with flattish European markets opening and DJ future. Investors stayed cautious for the time being. Despite the selling down, STI still managed to close +0.28% with 17 of the component stocks closed with a gain.
