STI sheds 0.3% amid continued economic toll from Covid-19
Advancers outnumber decliners 218 to 210 for the day, with 1.54 billion securities worth S$1.32 billion changing hands.
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE Straits Times Index (STI) fell 8.46 points or 0.33 per cent to close at 2,563.09 on Tuesday, as the workforce continues to feel the impact of the novel coronavirus pandemic on livelihoods.
DBS Group Research said on Tuesday that while policy measures "to help the vulnerable segments of society have helped to moderate job losses, the (pandemic's) impact on income is nevertheless far more severe".
The best performer among the index's constituents was Singapore Technologies Engineering (ST Engineering), which gained 2.66 per cent for the day to close at S$3.48.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts