SINGAPORE (May 4): The benchmark Straits Times Index (STI) fell 2.35% as at 2.30pm on Monday. This comes as investors remain cautiously concerned over on-going economic and business impact on the Covid-19 outbreak.
On May 2, the government announced slightly less restrictive measures, allowing a few specific businesses such as traditional Chinese medicine (TCM) acupuncture services and TCM retail products resume operations on May 5. Others including barbers, laundry services, and home-based bakers will be re-opening from May 12.
Amid the uncertainty stemming from Covid-19, as well as the fallout from the Hin Leong collapse on local banks, The Edge Singapore is keeping track of the component stocks on STI, a capitalisation-weighted stock market index that tracks the performance of the top 30 companies listed on the Singapore Exchange (SGX).
See also: DBS, OCBC, UOB likely to record impairments owing to Hin Leong Trading bankruptcy: Phillip Securities, and Covid-19, oil price collapse to hit banks’ earnings as HSBC’s results show
This valuation table will be updated at noon on Monday each week.
Read all the STI watch articles here.
