The Singapore stock market has moved lower in three straight sessions, sinking more than 35 points or 1.2 percent along the way. The Straits Times Index now sits just beneath the 3,100-point plateau and it may take further damage again on Wednesday.
The global forecast for the Asian markets suggests consolidation on profit taking and weak retail earnings. The European and U.S. markets were down and the Asian markets are tipped to open in similar fashion.
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