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STI slips 10.82 points to close at 2,519.48

SIA is best performer, and SGX, the worst. Local Covid-19 beneficiaries continue to grab attention.

Ben Paul
Published Wed, May 27, 2020 · 09:50 PM

SINGAPORE stocks ended Wednesday on a softer note, with the benchmark Straits Times Index (STI) closing at 2,519.48 - down 10.82 points or 0.43 per cent.

This mirrored the broadly softer tone across the region, following an interesting overnight Wall Street session that saw the S&P 500 climb above the 3,000 mark as well as its 200-day moving average before slipping back.

The S&P 500 ended its Tuesday session at 2,991.77, up 36.32 points, or 1.23 per cent. At that level, the index was only 8 per cent below where it was at the beginning of the year.

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