Asian Market Updates

Continued Selling Pressure Expected For Singapore Shares

The Singapore stock market has finished lower in four straight trading days, sinking almost 70 points or 2.3 percent along the way. The Straits Times Index now sits just above the 3,165-point plateau and it's tipped to open in the red again on Monday.

The global forecast for the Asian markets is broadly negative on fears of lockdown measures following the rapid spread of a new COVID variant. The European and U.S. markets were sharply lower and the Asian bourses figure to open in similar fashion.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Asian Market Updates