The Singapore stock market has finished higher in two of three trading days since the end of the three-day losing streak in which it had tanked almost 180 points or 3.5 percent. The Straits Times Index now sits just beneath the 4,990-point plateau and it's expected to open in the green on Friday.
The global forecast for the Asian markets is upbeat after the United States said it would hold off on fresh attacks in Iran. The European and U.S. markets were up and the Asian bourses are expected to follow them to the upside.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.