Singapore Shares Expected To Remain Rangebound On Monday

The Singapore stock market bounced higher again on Friday, one session after ending the two-day winning streak in which it had collected more than 50 points or 1.3 percent. The Straits Times Index new rests just above the 3,770-point plateau although it's likely to see renewed selling pressure on Monday.

The global forecast for the Asian markets is mixed to lower in this holiday-shortened week, with technology stocks likely to be a key drag. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.

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by RTTNews Staff Writer

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