STI finishes the week down 1.86%
THE Straits Times Index (STI) fell 49.8 points or 1.86 per cent over the week to finish at 2,634.83 on Friday as ample liquidity continued to lift valuations out of March's peak pessimism, though traders remained wary of a pullback should any negative news emerge. (see amendment note)
On Friday, the STI fell 30.83 points or 1.16 per cent as investors grew more wary that a second wave of Covid-19 infections could derail the global rebound.
Losers outnumbered gainers 220 to 205, with 1.8 billion securities worth S$2.31 billion traded.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Google, US clash over search advertising as trial winds down
Apple rallies most in 18 months on upbeat forecast, buyback
US: Wall St opens sharply higher on soft jobs data
HSBC has no plans to dispose of further businesses, chairman says
Glencore Group nears deal for Shell’s Singapore oil refinery
Chinese share of French EV market slumps after incentives curbed