The benchmark Straits Times Index (STI) is up 0.05% or 1.45 points at 2,850.43 as at 3.06pm as US Congress reached a deal on Dec 20 for a Covid-19 relief package that amounts to almost US$900 billion ($1.19 trillion).
As at the mid-day break, the index was trading at 2,843.01, down 0.2% from Friday’s (Dec 18) close of 2,848.98.
For more stories about where the money flows, click here for our Capital section
Week-on-week, the STI is down 0.26% from 2,858.14, as Singapore reported a decline in its non-oil domestic exports (NODX) for the month of November.
DBS was the highest traded counter in terms of value, at $25.23 a share.
Hi-P came in second after its chairman Yao Hsiao Tung and his wife Wong Huey Fang offered to take the company private with an offer of $2 per share on Dec 18.
See: Hi-P chairman Yao and wife Wong offers $2 per share to privatise company
Read all the STI watch articles here.
