STI rallied on four consecutive trading days

Since my last post on Tuesday 23 April, the Straits Times Index (STI) rallied for four consecutive trading days crossing the 3,300 points level. It is now at 3,380 points (30 April, 2.15 pm), 2.9% rise since Tuesday.

Of 30 component stocks making up the STI, 14 made gains of at least 2%. See table below.

Price Price Change
19-Apr 29-Apr %
Genting SP

1.395

1.565

12.2%

CapMall Asia

1.98

2.12

7.1%

CapitaLand

3.51

3.75

6.8%

CaptalMall Trust

2.26

2.38

5.3%

Golden Agr

0.525

0.55

4.8%

Thai Bev

0.565

0.59

4.4%

DBS

15.69

16.36

4.3%

Singtel

3.69

3.84

4.1%

Comfort Delgro

1.92

1.98

3.1%

HPH Trust (US)

0.81

0.835

3.1%

SPH

4.28

4.39

2.6%

UOB

20.88

21.39

2.4%

StarHub

4.53

4.64

2.4%

Noble Group

1.13

1.155

2.2%

Note: Price gains are computed without considering impact of cum-dividend or ex-dividend price quotations. In general, price after ex-dividend will result in drop in share price from cum-dividend quotation because of receipt of dividend by shareholders.

The big winners during this period were Genting Singapore, three counters associated with CapitaLand, Golden Agri, Thai Beverage, DBS Group and Singtel.

The three local banks (DBS, UOB, and OCBC) added 2.7% to the index. Two telcos (Singtel and Starhub) added 3.2%. Three CapitaLand related counters added 6.5%.

Shares that did not gain from this rally included Keppel Corp, SembCorp Industries, SembCorp Marine and SIA.

Copyright © 2013, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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