Singapore stock market shows mixed performances, facing neutral stance due to uncertain global interest rates.

From Nasdaq: 2025-02-19 19:01:19

The Singapore stock market has been on the rise, gaining almost 60 points in three consecutive sessions. The Straits Times Index is just below 3,935 points but may face a neutral stance on Thursday due to uncertain interest rate outlooks globally. The STI closed slightly higher on Wednesday, with financials showing gains, while properties and industrials had mixed performances. The Dow, NASDAQ, and S&P 500 all closed in the positive, with the Federal Reserve wanting to see progress on inflation before considering lowering interest rates. Oil futures settled higher amid concerns about supply after a drone attack in Ukraine on a Russian pumping station.



Read more at Nasdaq: Singapore Bourse Draws Flat Lead For Thursday