Only one Singaporean from 383 new Covid-19 cases, Singapore stocks close 1.22% higher


A medical officer checking on a foreign worker at a centre in central Singapore. A total of 383 new coronavirus cases have been preliminarily confirmed on Tuesday (May 26), including only one Singaporean or permanent resident. The new cases take Singapore's total to 32,343. - The Strait Times/ANN

SINGAPORE: A total of 383 new coronavirus cases have been preliminarily confirmed on Tuesday (May 26), including only one Singaporean or permanent resident.

But with the new stimulus packaged being announced which involves 20% of Singapore's GDP, stocks closed higher on Tuesday, with the benchmark Straits Times Index (STI) going up 1.22 per cent, or 30.47 points, to close at 2,530.30.

A total of 1.16 billion shares changed hands with a turnover of 1.35 billion Singapore dollars (about 951.58 million U.S. dollars). gainers outnumbered losers by 318 to 137.

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Singapore , One Singaporean , Covid-19 Case

   

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