The Singapore stock market on Thursday snapped the two-day slide in which it had lost almost 20 points or 0.6 percent. The Straits Times Index now rests just beneath the 3,230-point plateau although it's likely to see renewed consolidation again on Friday.
The global forecast for the Asian markets is negative on economic growth concerns. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.