Market Update: Singapore shares end in red, along with Asian peers

The Straits Times Index went back into the red on Thursday trade, closing at 2,824.96 down by 18.11 points or 0.64%.

The decline was triggered mainly by the rising COVID-19 cases in Singapore, and the continued stalemate of the US Congress over the coronavirus stimulus package deal.

Top stock losers were Singtel, jdown by 2.5%, Mapletree Industrial Trust shed about 2.10%, and DBS Group Holdings was down by 1.57%.

Meanwhile, Wall Street ended mixed with the Dow Jones Industrial down by 0.23%, closing at 29,999.26.

The S&P 500 also ended in negative territory, down by 0.13% to 3,668.10, while the NASDAQ Composite made a little jump by 0.54% at 12,405.81.

London's blue-chip index closed in green amid its Brexit overhang. The FTSE 100 closed at 6,599.76 up by 0.54% or 35.47 points.

The FTSE 250 on the other hand, lowered for the day by about 127.79 points or 0.64% to close at 19,756.10.
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!