No impact from Wall Street peaks

IT was business as usual in the local market on Thursday following Wednesday's three-hour disruption when the trading system of Singapore Exchange (SGX) shut down because of a malfunction in its power supply.

By "business as usual" is meant the following: a relatively featureless session in which prices moved within narrow bands in low volume.

So it was that the Straits Times Index ended just 3.3 points higher at 3,290.96 while the broad market excluding warrants chalked up 189 rises versus 240 falls.