Modest gain for STI as reporting season nears

SINGAPORE shares eked out a modest gain on a quiet Monday as investors stayed on the sidelines ahead of the coming reporting season. The blue-chip Straits Times Index (STI) gained 0.03 per cent or 0.92 point to close at 2,809.24. Despite the index's positive showing, losers just outnumbered gainers 193 to 188.

Trading activity was rather mundane. Total volume of the day was 1.1 …