STI snaps losing streak after Budget 2020

SINGAPORE equities managed to snap a four-session run of losses on Wednesday in what turned out to be a largely positive session for markets in Asia.

The Straits Times Index (STI) was up from the opening bell, gaining as much as 0.7 per cent before settling at 3,213.71.

The benchmark registered an advance of 17.08 points or 0.5 per cent. Just two of the blue-chip index's 30 components ended in the red.

Investors in the city-state were buoyed by the slew of support measures, announced at Tuesday'…

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