UOB stocks the highest gainer among big three in early September

Overall gain sits at 3.6%.

Over the first four trading sessions in the month of September, Singapore's big three have averaged a fair 3.1% total returns, with United Overseas Bank (UOB) gaining the most gain at 3.6%.

According to a report by SGX My Gateway, DBS Group Holdings (DBS) and Oversea-Chinese Banking Corporation (OCBC) generated close total returns of 2.9% and 2.7%, respectively.

The report also noted that in September month to date, there has been S$6.9 million in Structured Warrant Turnover on the three banks.

"65% of that turnover in Structured Warrants based on the share price of DBS, 21% based on the share price of UOB and 14% on the share price of OCBC. Of the 17 underlying indices and stocks that are associated with Structured Warrants, DBS and UOB were also amongst the five most active over the first four sessions of September," the report noted.

The three most active Structured Warrants on the three banks by turnover have been $15.50 Call Warrant and a $14.50 Put Warrant on DBS both with February 1, 2017 deadline. UOB's $18.90 Call Warrant trailed next with the same date of expiry.