Asian Market Updates

Singapore Stock Market May Add To Its Winnings On Thursday

The Singapore stock market on Wednesday wrote a finish to the three-day slide in which it had surrendered more than 100 points or 3.3 percent. The Straits Times Index now sits just beneath the 3,200-point plateau and it's expected to open in the green again on Thursday.

The global forecast is broadly positive on bargain hunting and easing inflation concerns after crude oil prices retreated sharply. The European and U.S. markets were firmly higher and the Asian bourses are tipped to open in similar fashion.

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by RTTNews Staff Writer

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