Asian Market Updates

Singapore Shares Called Lower On Monday

The Singapore stock market has finished higher in three straight sessions, climbing almost 150 points or 4.8 percent along the way. The Straits Times Index now rests just above the 3,115-point plateau although it's expected to hand back some of those gains on Monday.

The global forecast for the Asian markets is soft, with technology stocks expected to weigh amid profit taking and concerns over the outlook for interest rates. The European markets were mixed and the U.S. bourses were down and the Asian markets are tipped to follow the latter lead.

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by RTTNews Staff Writer

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