Win Streak May Continue For Singapore Stock Market
From Nasdaq: 2025-06-04 20:00:00
The Singapore stock market has been on the rise, gaining almost 15 points in two consecutive sessions. The Straits Times Index is now above 3,900 points and may continue to increase on Thursday. The global forecast for Asian markets is slightly positive due to an improved outlook on interest rates. The STI closed higher on Wednesday, with mixed performances from financial, property, and industrial sectors. US markets finished mixed, with the Dow down 0.22 percent, NASDAQ up 0.32 percent, and S&P 500 up 0.01 percent. Weaker US economic data raised concerns but also generated optimism about interest rates. Crude oil futures fell as supply concerns eased. Singapore will release April retail sales data today.
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