The Singapore stock market has moved higher in two of three trading days since the end of the six-day losing streak in which it had plummeted almost 200 points or 6.4 percent. The Straits Times Index now sits just above the 3,100-point plateau although it's expected to turn lower again on Monday.
The global forecast for the Asian markets is negative on coronavirus and economic concerns, with oil and technology stocks likely to lead the way lower. The European and U.S. markets finished solidly under water and the Asian markets are expected to open in similar fashion.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.