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Stay home and 'buy' supermarket stocks: DBS

Samantha Chiew
Samantha Chiew • 2 min read
Stay home and 'buy' supermarket stocks: DBS
'Buy' supermarket stocks as consumers rush to supermarkets to stock up for the circuit breaker period.
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SINGAPORE (Apr 6): Singapore is imposing a one-month circuit breaker from tomorrow onwards until May 4 in efforts to slow the transmission of Covid-19.

This circuit breaker requires all non-essential services and schools to temporarily shut. Only essential services, such as supermarkets and F&B outlets will remain open, but only takeout and delivery will be available at F&B outlets, dining-in will be not be allowed.

The country is not locked down and remains in Dorscon Orange and not “Red”. The government emphasised that the “circuit breaker” is not about business closures, but closing of business premises.

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