FTSE STI closed 3,248.39, up 17.16 points or +0.53% with a total volume of 3.58b and a total value of S$1.58b. Total number of advance vs decline was 237 vs 178. Of the 30 component index stocks, 16 closed positive, 4 unchanged and 10 closed negative. The top 5 gainer component stocks were :-
1. Jardine C&C +0.910
2. JMH 400US$ +0.500
3. HKLand US$ +0.210
4. DBS +0.180
5. UOB +0.090
The top 5 loser component stocks were :-
1. JSH 500US$ -0.110
2. CapitaMall -0.060
3. ST Engg -0.020
4. GLP -0.020
5. CityDev -0.020
5. CapMallsAsia -0.020
US markets closed positive with at least 0.15% gain due to firm corporate earning. Asian bourese were mixed due to mixture of corporate earning and economic news. Nikkei +1.28%, SSE -0.79% and HSI -0.15%. STI rose 0.53% with moderate volume and value. 16 of the 30 index stocks posted positive closing.
After market closed, Apple reported a miss expectation set of earning and that being one of the heaviest weight in Nasdaq is dragging down sentiment in Asian bourses. China this morning reported positive economic data with the HSBC flash PMI for January came in +51.9 better than expected. In additional US House also passed the bill to delay the debt ceiling till May.
News were mixed resulting in mix performance from markets.
