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US relief rally helps perk up STI

But subdued local activity not unexpected given Monday's tepid response to a surge in Dow futures

Published Tue, Sep 12, 2017 · 09:50 PM

ACTIVITY in local stocks remained subdued on Tuesday as traders appeared relatively unexcited by Wall Street's all-time Monday high. The Straits Times Index (STI) traded within a narrow band before ending 7.18 points higher at 3,235.69, turnover was low at 1.3 billion units worth S$993 million. Excluding warrants, there were 215 rises versus 190 falls.

The US market's Monday rally was attributed to relief - that Hurricane I…

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