STI gains 3.4% as market absorbs Solidarity Budget measures

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

Claudia Tan HS

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.