The Business Times
business-time-50

STI gains 3.4% as market absorbs Solidarity Budget measures

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

google-preferred-sourceAdd BT as a preferred source

Claudia Tan HS

Published Mon, Apr 6, 2020 · 09:50 PM
Top performer
China malls reopen

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.

Singapore Stocks

TRENDING NOW

The weakness is a near-term market adjustment rather than a crack in Malaysia’s fundamentals, says Christopher Wong, FX strategist at OCBC.

Singdollar hits 10-month high against MYR; analysts still bullish on ringgit

“I consider myself lucky. I don’t consider myself successful,” says Ng Yih Pyng, the second-generation leader of Tomei Consolidated.

What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief

Price increases are still working their way through the system, with much of the underlying cost pressures yet to show up on supermarket shelves.

The coming food price shock: How war, weather and fuel are colliding

Canadian Prime Minister Mark Carney speaking at a press conference in Ottawa, on Aug 22, after trade talks with the US collapsed.

Canada’s fight with the US has far bigger stakes than trade

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More