Asian Market Updates

Renewed Selling Pressure Likely For Singapore Stock Market

The Singapore stock market on Tuesday wrote a finish to the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just above the 3,120-point plateau although it figures to head south again on Wednesday.

The global forecast for the Asian markets is soft on interest rate and COVID-19 concerns, with oil and technology stocks again expected to lead the way lower. The European and U.S. markets were down and the Asian markets figure to follow suit.

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by RTTNews Staff Writer

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