Asian Market Updates

Rebound Anticipated For Singapore Stock Market

The Singapore stock market on Wednesday snapped the three-day winning streak in which it had collected almost 45 points or 1.4 percent. The Straits Times Index now sits just beneath the 3,130-point plateau although it may tick higher again on Thursday.

The global forecast for the Asian markets is cautiously optimistic, again supported by oil and technology companies. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

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by RTTNews Staff Writer

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