Jardine Strategic Holdings and Jardine Matheson Holdings were the top advancers for the day. The former gained 2.5 per cent or US$0.61 to US$25.41, while the latter added 0.6 per cent or US$0.35 to finish the day at US$55.70.
Glove makers were also among the biggest decliners for the second consecutive day. Top Glove fell 3.9 per cent or S$0.08 to S$1.99; Riverstone shed 1.8 per cent or S$0.02 to S$1.09, while UG Healthcare fell 3.4 per cent or S$0.02 to 57.5 Singapore cents. Oanda's Mr Halley noted that glove makers had led declines on the Kuala Lumpur stock market earlier in the day as well."It may well be that investors are starting to look at a post-vaccine future and are lightening up on a sector that was a clear Covid-19 winner," he noted.
Singapore Latest News, Singapore Headlines
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