Ahead of Tuesday's holiday for National Day, the Singapore stock market had halted the five-day winning streak in which it had climbed more than 70 points or 2.2 percent. The Straits Times Index now rests just above the 3,270-point plateau and it may take further damage on Wednesday.
The global forecast for the Asian markets is negative on growth concerns, with energy and technology stocks expected to weigh. The European and U.S. markets were down and the Asian bourses are tipped to follow suit.
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Market Analysis
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.