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STI gains 3.4% as market absorbs Solidarity Budget measures

Other bourses in Asia also rise as some countries report falling death rates

Published Mon, Apr 6, 2020 · 09:50 PM

Singapore

THE Straits Times Index (STI) ended Monday up 81.30 points or 3.4 per cent at 2,470.59 points.

This comes as the government on Monday unveiled an unprecedented S$5.1 billion Solidarity Budget to help cushion the impact of the "circuit breaker" distancing measures on the economy.

The best performer among the index's constituents was agribusiness firm Wilmar International, which gained 8.3 per cent or S$0.…

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