SGX glitch, oil and gas volatility take centre stage

GIVEN that there were events of note this week such as swings in the offshore oil sector, the still-strong support for the banks and weakness again in Genting Singapore, it might be a tad simplistic to say that the defining event was Wednesday's half-day closure of the stock market because of a software glitch in Singapore Exchange's computer system.

Then again, considering that the Monetary Authority of Singapore (MAS) has come down hard on SGX for a second s…