STI ends the year as the region’s worst laggard but prospects look bullish for 2021
The local bourse ended the year down nearly 12 per cent.
Grace LeongBusiness Correspondent
SINGAPORE – The pandemic hammered South-east Asian stock markets in 2020 with the Straits Times Index taking the biggest hit in the region.
The local bourse ended the year down nearly 12 per cent, a victim, like its regional peers, to a greater reliance on trade, travel and tourism – sectors that have all been under siege as countries went into lockdown.
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