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Singapore Shares May Extend Friday's Losses

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The Singapore stock market ticked lower again on Friday, one day after ending the two-day slide in which it had slumped almost 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,330-point plateau and the losses may accelerate on Monday.

The global forecast for the Asian markets is negative as Friday's U.S. jobs report fueled uncertainty about the outlook for interest rates. The European and U.S. markets saw modest losses and the Asian bourses figure to follow suit.

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Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.