STI finishes the week down 1.86%

THE Straits Times Index (STI) fell 49.8 points or 1.86 per cent over the week to finish at 2,634.83 on Friday as ample liquidity continued to lift valuations out of March's peak pessimism, though traders remained wary of a pullback should any negative news emerge. (see amendment note)

On Friday, the STI fell 30.83 points or 1.16 per cent as investors grew more wary that a second wave of Covid-19 infections could derail the global rebound.

Losers outnumbered gainers 220 to 205, with 1.8 billion securities worth S$2.31 billion traded.