STI retreats 0.4% despite new Covid-19 support measures
Announcement of additional S$8 billion to tide over businesses and workers hit by pandemic fails to lift index
THE benchmark Straits Times Index (STI) ended Monday down 9.77 points or 0.4 per cent at 2,571.55, even after the Singapore government unveiled additional support measures totalling S$8 billion to tide workers and businesses over the coronavirus pandemic.
The best performer among the index constituents was Thai Beverage Public Company (ThaiBev), which gained 4.96 per cent for the day to close at S$0.635.
It was also the most heavily traded stock, with 470.2 million shares traded over the course of the day.
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