STI snaps three-day losing streak to close 2.03% higher
Retail-focused Reits stage strong rebound after announcement of start of relaxation of lockdown curbs from Friday.
Add BT as a preferred sourceTHE Straits Times Index (STI) rose 52.97 points or 2.03 per cent to 2,666.85 on Tuesday, snapping a three-day losing streak after the US Federal Reserve said on Monday that it will begin buying the debt of individual US companies.
About 1.6 billion securities worth S$1.57 billion changed hands on the Singapore Exchange on Tuesday. Gainers outnumbered losers 355 to 124.
Retail-focused Reits staged a strong rebound after the Singapore government announced late on Monday that it would start to relax lockdown measures from Friday, earlier than expected.
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