Singapore stocks begin week in the red despite easing of Covid measures

Prudential is the top gainer, while trio of local banks, UOB, OCBC and DBS, are among the biggest losers.

Uma Devi

Published Tue, Jun 15, 2021 · 05:50 AM

LOCAL shares started the week on a slightly dour note despite the easing back of some Covid-19 restrictions as part of Singapore's reopening.

The benchmark Straits Times Index fell 0.2 per cent or 4.83 points to end Monday at 3,153.14. Across the broader market, advancers outnumbered decliners 212 to 182, after some 2.14 billion securities worth S$941.5 million changed hands.

Across the region, markets generally ended the day in the black. The Nikkei added 0.7 per cent; the KLCI gained 0.5 per cent, while the Kospi inched up 0.1 per cent. Markets in Hong Kong and Taiwan were closed.