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STI gains on earlier than expected 'Phase 2'

The Edge Singapore
The Edge Singapore6/16/2020 09:35 AM GMT+08  • 1 min read
STI gains on earlier than expected 'Phase 2'
The Straits Times Index reached as high as 2,688.99 points from the previous day’s close of 2,613.88 points.
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SINGAPORE (June 16): The Singapore market jumped this morning on news that the so-called Phase 2 reopening of the economy will take place with effect from June 19, instead of June 22, as earlier circulated.

The Straits Times Index reached as high as 2,688.99 points from the previous day’s close of 2,613.88 points.

The government announced on June 15 that retail shops can reopen and food and beverage outlets can now allow dining in, subject to certain conditions, such as a cap of five persons per table.

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