Singapore Bourse May Be Stuck In Neutral

From Nasdaq: 2025-05-21 20:02:00

The Singapore stock market slightly increased over the past two sessions, with the Straits Times Index hovering just above 3,880 points. Global markets are facing pressure from rising bond yields, leading to mixed performances in European and U.S. markets. On Wednesday, the STI closed marginally higher, with various sectors seeing fluctuations. Wall Street experienced a significant decline, attributed to concerns over increasing bond yields and a new U.S. tax bill. Meanwhile, Singapore is set to release Q1 GDP numbers, with forecasts predicting a slight decline quarter-on-quarter but an increase year-on-year.



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