Singapore Shares Called Rangebound On Friday
From Nasdaq: 2025-01-09 19:04:28
The Singapore stock market ended a five-day winning streak, with the Straits Times Index closing just above 3,860 points. Global markets are uncertain, with U.S. markets closed on Thursday. The STI fell 0.63%, with financial, REITs, and property stocks leading the losses. Oil prices rose on Thursday due to optimism about global demand and potential supply shortages from Iranian and Russian crude exports. West Texas Intermediate Crude settled at $73.92 a barrel. Wall Street was closed in honor of former U.S. President Jimmy Carter, with investors awaiting the Labor Department’s jobs report for insight into the labor market strength.
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