STI rises 0.95% even as caution dominates with rising number of infections
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SINGAPORE shares closed higher on Tuesday, the first day of the relaxation of the rules to limit the spread of Covid-19, amid gains across most Asian markets.
The key Straits Times Index rose 30.18 points or 0.95 per cent to 3,207.36.
Turnover came in at 1.73 billion shares worth S$1.55 billion. Gainers outpaced losers with 315 counters up and 212, down.
Key gauges in Japan, Hong Kong and China and Australia rose, while South Korea and Taiwan posted losses. The market in Kuala Lumpur was closed for a holiday.
The gains were tempered by caution after a directionless showing in Wall Street overnight, and concerns that the rapid spread of Covid-19 cases could derail the global economic recovery.
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