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Asian Market Commentary

Singapore Stock Market Called Rangebound For Wednesday

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Singapore stock market rebounded on Tuesday, one session after snapping the four-day winning streak in which it had gathered almost 35 points or 1.2 percent. The Straits Times Index now sits just beneath the 3,130-point plateau and it's expected to remain in that neighborhood again on Wednesday.

The global forecast for the Asian markets is mixed, with support expected from oil companies and weakness likely from tech shares. The European and U.S. markets were mixed and the Asian bourses figure to follow suit.

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