The Singapore stock market has moved higher in five straight sessions, soaring more than 170 points or 5.3 percent along the way. Now at a fresh 30-month closing high, the Straits Times Index sits just above the 3,420-point plateau and it's predicted to open higher again on Thursday.
The global forecast for the Asian markets is upbeat on earnings optimism and support from oil and technology stocks. The European and U.S. markets were firmly higher and the Asian markets are tipped to open in similar fashion.
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