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.
Claudia Tan HS
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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