Asian Market Updates

Singapore Shares May Take Further Damage In Monday

The Singapore stock market headed south again on Friday, one day after it had ended the two-day slide in which it had lost almost 20 points or 0.6 percent. The Straits Times Index now rests just above the 3,195-point plateau and it's looking at another soft start again on Monday.

The global forecast for the Asian markets is negative on falling crude oil prices and disappointing economic data. The European and U.S. markets were down on Friday and the Asian markets are tipped to open in similar fashion.

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by RTTNews Staff Writer

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