Asian Market Updates

Singapore Stock Market May Test Resistance At 3,100 Points

The Singapore stock market has tracked higher in two straight sessions, gathering almost 15 points or 0.5 percent along the way. The Straits Times Index now sits just above the 3,085-point plateau and it may extend its gains on Wednesday.

The global forecast for the Asian markets remains positive on easing concerns about the Omicron variant of the coronavirus, plus support from crude oil prices. The European and U.S. markets were up and the Asian bourses are tipped to open in similar fashion.

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by RTTNews Staff Writer

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