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.
TRENDING NOW
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
