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Asian Market Updates

Bargain Hunting May Boost Singapore Stock Market

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

The Singapore stock market has tracked lower in four straight sessions, slumping almost 110 points or 2.3 percent in that span. The Straits Times Index now rests just above the 4,890-point plateau although it may find traction on Tuesday.

The global forecast for the Asian markets is unclear amid uncertainties surrounding the conflict in the Middle East. The European markets were down and the U.S. bourses were mixed and the Asian markets figure to split the difference.

The STI finished modestly lower on Monday following losses from the financial shares, property stocks and industrial issues.

For the day, the index shed 30.13 points or 0.61 percent to finish at 4,892.73 after trading between 4,885.96 and 4,925.71.

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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.