STI dips 0.24% on fears over Covid-19 second wave
Index stock Mapletree Industrial Trust rose 4.6 per cent on twin news of acquisition and placement response. BY LEE MEIXIAN
THE Straits Times Index (STI) dipped 6.3 points or 0.24 per cent to 2,628.62 on Wednesday, as Covid-19 community cases rose to seven in Singapore, and Tokyo saw a resurgence of 55 new cases from nightlife destinations and employees working in the same location, sparking fears of a second wave.
About 1.7 billion securities worth S$1.26 billion changed hands on the Singapore Exchange. Losers outnumbered gainers 237 to 174.
The best-performing index constituent was Mapletree Industrial Trust, which added S$0.13 or 4.58 per cent to S$2.97. This came after strong demand for its private placement equity fundraising exercise at the top end of its issue price range on Wednesday, hot on the heels of news of its acquisition of the remaining 60-per-cent stake in 14 data centres in the United States for US$211 million from its sponsor a day ago.
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