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Market remains optimistic even as confirmed coronavirus cases hit record highs amid 'circuit breaker'

Thiveyen Kathirrasan
Thiveyen Kathirrasan • 1 min read
Market remains optimistic even as confirmed coronavirus cases hit record highs amid 'circuit breaker'
Midway through Singapore's month-long "circuit breaker" measures to curb the novel coronavirus outbreak, investors are optimistic that the worst could be over.
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SINGAPORE (Apr 20): Midway through Singapore's month-long "circuit breaker" measures to curb the novel coronavirus outbreak, investors are optimistic that the worst could be over.

The improved sentiment comes despite the number of new confirmed cases daily hitting record highs this week.

For the week of April 13-20, the benchmark Straits Times Index (STI) stayed in the green.

Amid the uncertainty stemming from Covid-19 as well as other geopolitical events such as the Saudi-led oil price war which saw the collapse of oil prices on March 9, The Edge Singapore is keeping track of the component stocks on STI, a capitalisation-weighted stock market index that tracks the performance of the top 30 companies listed on the Singapore Exchange (SGX).

This valuation table will be updated at noon on Monday each week.

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