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Wall Street rally rubs off on local market

STI up 29.1 points, led by banks, Singtel and Jardine C&C; 243-168 advance-decline score suggests gains are not widespread

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THERE were no real surprises in Monday's session as the Straits Times Index jumped 29.1 points, or 1.02 per cent, to 2,876.14 in response to Wall Street's Friday rally that took its major indices close to their all-time highs.

Turnover however, was a mediocre 1.4 billion units worth S$928...