STI down 0.47 per cent to 2,555.59 despite ease in economic contraction

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UNCERTAINTIES surrounding the coronavirus vaccine and stimulus talks in the United States weighed on regional markets, including the Straits Times Index (STI), which declined 12.06 points or 0.47 per cent to 2,555.59 on Wednesday. Read more at The Business Times.

Coming in last on the STI performance table was real estate investment trust Mapletree Industrial Trust, which shed 2.7 per cent to close at S$3.25.

Asia markets were generally down after the Wall Street ended in the red on Tuesday as coronavirus vaccine trials were halted and fresh US fiscal measures appeared elusive.

 

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