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
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.