Singapore Bourse May Run Out Of Steam On Thursday

From Nasdaq: 2025-05-28 20:03:00

The Singapore stock market rose for a second consecutive day, with the Straits Times Index surpassing 3,910 points. However, uncertainty over U.S. trade policies may halt the rally. Global markets are soft, with European and U.S. markets down. The STI closed higher Wednesday, led by financial shares and a mixed property sector performance. Among active stocks were CapitaLand Investment, City Developments, and DBS Group. Wall Street closed lower, with the Dow down 244.95 points, NASDAQ down 98.23 points, and S&P 500 down 32.99 points. Nvidia beat earnings expectations, supporting tech shares. Crude oil prices surged on OPEC news, with WTI at $61.76 per barrel.



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