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Asian Market Updates

Singapore Stock Market Poised To Halt Slide

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

The Singapore stock market has moved lower in two straight sessions, slipping almost 40 points or 0.8 percent in that span. The Straits Times Index sits just above the 4,890-point plateau although it's due for support on Tuesday.

The global forecast for the Asian markets is positive on decent economic data, although weakness among the oil stocks may limit the upside. The European and U.S. markets were up and the Asian bourses are expected to follow suit.

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Market Analysis

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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