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Losing Streak May Continue For Singapore Stock Market

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

The Singapore stock market has finished lower in back-to-back sessions, giving away more than 85 points or 2.2 percent along the way. The Straits Tines Index now rests just above the 3,800-point plateau and it may take further damage again on Monday.

The global forecast for the Asian markets is broadly negative after strong U.S. employment data weighed heavily on the outlook for interest rates. The European and U.S. markets ended firmly in the red and the Asian bourses are expected to open in similar fashion.

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