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STI slides back into red territory on lowered factory output

Thiveyen Kathirrasan & Felicia Tan
Thiveyen Kathirrasan & Felicia Tan • 2 min read
STI slides back into red territory on lowered factory output
The benchmark Straits Times Index (STI) fell 1.9% to 2,579.28 points from last week’s 2,629.69 points on Monday.
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SINGAPORE (June 29): The benchmark Straits Times Index (STI) fell 1.9% to 2,579.28 points from last week’s 2,629.69 points on Monday.

This came following news on June 26 that Singapore’s factory output reported a 7.4% y-o-y contraction in May.

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Straits Times Index (STI)
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