STOCKS

STI jumps 60 pts on Wall St's gains

Rise mostly contributed by the 3 banks whose shares have been on week-long uptrend; SPH, SATS among strong gainers

ASIAN markets rose on the heels of Wall Street's gains, with the key Straits Times Index (STI) up 59.62 points or 1.7 per cent to return back above the 3,500 level.

Finishing at 3,557.82, the index gains were mostly contributed by the three local banks whose share prices have been on a