STI falls as Opec-Russia deal to stem oil price drop fails to lift sentiment

Nearly half the STI constituents end in the red; the best performer was Yangzijiang Shipbuilding.

Claudia Tan HS

Published Mon, Apr 13, 2020 · 09:50 PM

THE Straits Times Index ended Monday down 4.07 points or 0.16 per cent at 2,567.25 points.

Decliners outnumbered advancers 204 to 178 for the day, with 789.43 million shares worth S$713.63 million changing hands.

There was less demand for equities in Asia on Monday, given that traders are still erring on the side of caution as "markets will have a lot to tussle with over the week ahead", said Stephen Innes, AxiCorp's chief global markets strategist.