FOR the five trading sessions that spanned July 3 to July 9, the Straits Times Index (STI) gained 0.6 per cent with the Nikkei 225 Index, Hang Seng Index and S&P/ASX 200 Index averaging a 1.7 per cent gain. This has brought the STI's decline in total return for the 2020 year to July 9 to 15.6 per cent. Over the five sessions, the iEdge S-REIT Index gained 0.2 per cent, bringing its decline in total return for the 2020 year to July 9 to 6.9 per cent.

Share buybacks

There were 10 primary-listed stocks conducting share buybacks over the five sessions that spanned July 3 to July 9 with a total consideration of S$2.4 million, up from the $433,943 for the preceding week. Singapore Technologies Engineering led the consideration tally, with 500,000 shares bought back at an average price of S$3.33 per share.