SMRT provides main talking point in ho-hum week

IT WAS a largely featureless week, spiced up by SMRT's huge leaps that led to the Singapore Exchange (SGX) issuing a "Trade With Caution" (TWC) notice.

Support for a handful of blue chips, mainly Jardine and the banks, also kept the Straits Times Index in the black in a week when the market went relatively quiet.

Penny activity dwindled and was largely confined to a few familiar plays such as China water-treatment firms Memstar and HanKore, oil-and-gas plays like Charisma Energy and AusGroup and speculative plays like Albedo and Equation.