Turnover among lowest this year

GAINS in the three banks and Singtel nudged the Straits Times Index (STI) up 18.79 points to 3,470.80 on Monday, in one of the lowest one-day turnovers this year.

Altogether, 1.1 billion units worth worth S$801.7 million were traded.

Excluding warrants, the broad market recorded 221 rises versus 179 falls in a session described as quiet and unremarkable by most dealers.

Wall Street's jump on Friday may have contributed to the STI's gain, as …