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STI is region's worst performer of 2020
It is down nearly 12% but vaccine roll-out, expected recovery could boost bourse's prospects
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Investors are betting things could get bullish in the Year of the Ox, with the signing of the Regional Comprehensive Economic Partnership and hopes of a more multilateral trade approach by the Biden administration.
ST PHOTO: GAVIN FOO
Grace Leong Business Correspondent, Grace Leong
The pandemic hammered South-east Asian stock markets last year, with the Straits Times Index (STI) taking the biggest hit in region.
The local bourse ended the year down nearly 12 per cent, a victim, like its regional peers, of the greater reliance on trade, travel and tourism - sectors that were all under siege as countries went into lockdowns.
