Singapore stocks: STI down 7.5% at Monday afternoon reopen

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Singapore stocks: STI down 7.5% at Monday afternoon reopen.

Genting Singapore was the STI's most active counter. The casino operator was trading S$0.05 or 8.6 per cent lower at S$0.53 after 26.6 million shares changed hands.

SIA has described the fallout from the Covid-19 pandemic as"the greatest challenge that the SIA Group has faced in its existence". Among real estate investment trusts, Ascendas Reit units shed S$0.21 or 8.4 per cent to S$2.30 while CapitaLand Mall Trust dived S$0.17 or 9.6 per cent to S$1.61.

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