A mixed session despite STI's jump

AFTER having fallen 41 points in the previous three sessions, the Straits Times Index (STI) on Wednesday bounced 26.16 points up to hit 3,122.77, thanks to big gains in the Jardine stable and Keppel Corp.

Volume, which had spiked up on Tuesday to S$2.7 billion because of month-ending portfolio rebalancing, on Wednesday fell back to 2.25 billion units worth S$1.5 billion - still decent when compared to last year's S$1 billion average.

Excluding warrants, there were 236 rises versus 225 falls in the entire market, which suggested trading was much more mixed than the index might indicate.