1. JMH 400US$ +3.070
2. Jardine C&C +2.250
3. JSH 500US$ +1.890
4. UOB +0.730
5. KepCorp +0.490
The 2 loser component stocks were :-
1. CityDev -0.170
2. SingTel -0.020
US markets closed positive yesterday night reversing earlier loss with US Fed minute for July offsetting the consumer confident data. Asian bourses continued the yesterday rally with mostly closed in the positive despite profit taking. Nikkei closed +0.01%, SSE +0.03% and HSI +1.64%. STI rallied today with a +3.34% due to catching up of yesterday regional bourses' rally and also end of the month window dressing with a daily volume of 2.28b. A very clear indication of funds doing window dressing and possibility of funds buying too. 28 of the 30 index stocks registered positive closing. STI with immediate resistance at 2,900 - 2,920 region could be pulling back soon as investors will be cautious ahead of this Friday US employment data.
