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STI buoyed by gradual reopening after circuit breaker measures, and $13 bil in investment commitments

Thiveyen Kathirrasan & Felicia Tan
Thiveyen Kathirrasan & Felicia Tan • 1 min read
STI buoyed by gradual reopening after circuit breaker measures, and $13 bil in investment commitments
Investor confidence climbed last week on the back of easing circuit breaker measures in Singapore. Phase One, which sees the resumption of selected services including those from the manufacturing and professional service sectors, will begin on June 2.
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SINGAPORE (June 1): This week, the Straits Times Index (STI) gained 1.3% to 2,563.06 from last week's 2,530.3.

Investor confidence climbed last week on the back of easing circuit breaker measures in Singapore. Phase One, which sees the resumption of selected services including those from the manufacturing and professional service sectors, will begin on June 2.


See: Singapore prepares for a 'new normal' after Jun 1 with a three phase approach, Phase two of Singapore's re-opening to be decided in mid-June: Minister Wong

The surge also comes on the back of the $13 billion in investment commitments in the first four months of 2020, which will generate thousands of jobs for workers in Singapore.

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).

This valuation table will be updated at noon on Monday each week.

Read all the STI watch articles here.

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