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Singapore Bourse May See Profit Taking On Monday

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

The Singapore stock market has climbed higher in three straight sessions, collecting more than 70 points or 2.2 percent along the way. The Straits Times Index now sits just above the 3,260-point plateau although investors may cash in on Monday.

The global forecast for the Asian markets is mixed to lower, with strength from crude oil prices offset by likely profit taking. The European markets were up and the U.S. bourses were down and the Asian markets figure to split the difference.

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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.