Singapore stocks finish higher in quiet trading
ACTIVITY in local stocks remained subdued on Tuesday as traders appeared relatively unexcited by Wall Street's all-time Monday high. The Straits Times Index traded within a narrow band before ending 7.18 points higher at 3,235.69, turnover was low at 1.4 billion units worth S$993 million and excluding warrants there were 215 rises versus 190 falls.
The US market's Monday rally was attributed to relief that Hurricane Irma petered out without doing as much damage as feared and that North Korea celebrated its founder's day without further missile or nuclear tests.
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Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard