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Asian Market Updates

Renewed Selling Pressure Likely For Singapore Stock Market

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

The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had gained almost 60 points or 1.9 percent. The Straits Times Index now rests just above the 3,230-point plateau although it's expected to head south again on Monday.

The global forecast for the Asian markets is soft on pessimism over the outlook for interest rates following a stronger than expected jobs report from the United States. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion.

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Market Analysis

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.