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STI posts 5-day winning streak on string of upbeat macro data

The index rose 36.7 points or 1.4% to 2,689.61, led by renewed feel-good factor after a slew of upbeat data.By ANITA GABRIEL

Anita Gabriel

Anita Gabriel

Published Mon, Jul 6, 2020 · 09:50 PM
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SINGAPORE shares posted their fifth straight day of gains on Monday, with the Straits Times Index (STI) closing 36.7 points or 1.4 per cent higher at 2,689.61, in tandem with buoyant markets in the region.

The rise was led by renewed feel-good factor after a slew of upbeat data signalled that things could be turning around for the world,…

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