The Singapore stock market on Thursday ended the two-day winning streak in which it had gained more than 60 points or 1.2 percent. The Straits Times Index now rests just beneath the 4,890-point plateau and the losses may accelerate on Friday.
The global forecast for the Asian markets is negative on concerns over the conflict in the Middle East. The European and U.S. markets were sharply lower and the Asian bourses figure to follow that lead.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.