SUBSCRIBERS

STI bucks regional gains to slip 0.81% in first post-GE session

Key index decliners were CDL, ThaiBev, SATS and ST Engineering; big price movers included Oceanus and Willas-Array.

Ben Paul

Published Mon, Jul 13, 2020 · 09:50 PM

SINGAPORE stocks ended Monday on a softer note, after a surprise general election outcome in the early hours of Saturday that saw the ruling People's Action Party (PAP) secure a smaller-than-expected margin of victory.

The benchmark Straits Times Index (STI) ended the day at 2,631.08, down 21.57 points or 0.81 per cent.

In contrast, key regional markets closed higher for the day. Hong Kong's Hang Seng Index was up 0.17 per cent. South Korea's Kospi was 1.67 per cent higher.