The Singapore stock market moved higher again on Friday, one day after snapping the three-day winning streak in which it had risen almost 60 points or 1.4 percent. The Straits Times Index now sits just beneath the 3,930-point plateau although it's likely looking at a soft start on Monday.
The global forecast for the Asian markets is weak on concerns over inflation and the outlook for interest rates. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets figure to follow the latter lead.
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