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Banks, Jardine propel STI 25 pts higher

Gains have been attributed to firm opening in Europe markets which suggests another Wall Street rally

Published Tue, Nov 18, 2014 · 09:50 PM

AFTER dropping 27 points on Monday, the Straits Times Index regained 25.06 to finish at 3,313.73 on Tuesday. The bounce was led by a familiar group of index components - the three banks and the Jardine group. Turnover was 1.3 billion units worth S$1 billion and excluding warrants, there were 235 rises versus 181 falls - the first time in a week that rises outnumbered falls.

Traders attributed…

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