Ahead of Thursday's Deepavali holiday, the Singapore stock market turned lower again, one day after snapping the two-day losing streak in which it had slipped more than 20 points or 0.6 percent. The Straits Times Index now sits just beneath the 3,560-point plateau and it may take further damage on Friday.
The global forecast for the Asian markets is broadly negative, with pressure likely among technology stocks amid waning optimism over the outlook for interest rates. The European and U.S. markets finished firmly in the red and the Asian bourses are expected to follow suit.
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