From Nasdaq: 2025-02-06 19:01:11

The Singapore stock market rebounded after a three-day losing streak, with the Straits Times Index closing just above 3,830 points. Global markets are optimistic ahead of key U.S. employment data. The STI rose 0.39% led by gains in financial, property, and industrial sectors. Major active stocks included CapitaLand, City Developments, and Genting Singapore. Wall Street had a mixed day, with the Dow falling 0.28%. Traders are cautious before the release of the monthly jobs report which could impact the Federal Reserve’s interest rate outlook. U.S. unemployment claims rose more than expected. Crude oil prices fell as President Trump aimed to increase U.S. oil production.



Read more at Nasdaq: Singapore Shares Likely To Open To The Upside On Friday