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New Covid-19 infections weigh on markets, STI down 1.2%

Investors in Singapore likely to stay on the sidelines given the uncertainty heading into Q2 2020 results.

Published Mon, Jun 29, 2020 · 09:50 PM

SINGAPORE shares fell alongside most Asian equity markets on Monday following a resurgence of Covid-19 infections, notably in the United States.

The Straits Times Index (STI) fell 30.41 points, or 1.2 per cent, to 2,574.10.

Decliners outpaced advancers 297 to 179, as 2.48 billion shares worth S$1.03 billion changing hands.

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