STI closes 0.4% lower despite new Covid-19 support measures

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Straits Times Index closes 0.4% lower despite new Covid-19 support measures

totalling S$8 billion to tide workers and businesses over the coronavirus pandemic.

The best performer among the index constituents was Thai Beverage Public Company , which gained 4.96 per cent for the day to close at S$0.635., with 470.2 million shares traded over the course of the day. This came after the beverage giant posted resilient revenue and Ebitda despite the novel coronavirus pandemic.

Meanwhile, the STI's biggest decliner for the day was Genting Singapore, which lost 2.8 per cent or S$0.02 to close at S$0.70. The trio of banks ended Monday mixed. Shares of DBS and OCBC Bank fell 0.3 per cent and 0.4 per cent to close at S$21 and S$8.91 respectively, while United Overseas Bank inched up 0.05 per cent to close at S$20.08.

 

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