no real surprises in Monday's session as the Straits Times Index jumped 29.1 points or 1.02 per cent to 2,876.14 in response to Wall Street's Friday rally that took its major indices close to their all-time highs.
Turnover, however, was a mediocre 1.4 billion units worth S$928 million and, excluding warrants, the advance-decline score was 243-168, indicating that rises were not as widespread as the index's reading might suggest.
Over in Hong Kong, the Hang Seng Index gained 1.5 per cent and Japan's Nikkei jumped almost 4 per cent.The Dow futures rose 40 points.
The STI's rise was led by gains in all three banks, #Singtel and #JardineCycle & #Carriage. In the second line, shares of Noble Group, which were weak last week, continued to soften, dropping S$0.005 to S$0.164 on volume of 148 million. Noble's nil-paid rights, which require a top-up of S$0.11 per rights to obtain one share, ended S$0.006 down at S$0.049 on volume of 240 million.
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