The Singapore stock market has climbed higher in four straight sessions, soaring more than 150 points or 4.7 percent along the way. Now at a fresh 30-month closing high, the Straits Times Index sits just above the 3,400-point plateau and it's predicted to add to its winnings again on Wednesday.
The global forecast for the Asian markets is positive on continued bargain hunting and optimism over earnings news. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.