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Singapore market retreats slightly in July on pandemic fears

Total market capitalisation of 707 counters listed on SGX fell to S$758b in July from S$761.6b in June

Uma Devi

Uma Devi

Published Sun, Aug 2, 2020 · 09:50 PM
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Singapore

THE value of stocks in Singapore contracted again in July, as the Covid-19 pandemic continued to roil businesses and the broader economy.

The total market capitalisation of the 707 counters listed on the Singapore Exchange fell to S$758 billion in July from S$761.6 billion as at end-June. The number of losers outnumbered gainers 321 to 216.

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