The Singapore stock market has seen six consecutive days of gains, rising over 90 points or 2.3 percent. The STI closed just below the 4,110-point mark and may experience profit-taking on Tuesday. Financial shares, REITs, and property stocks led the gains on Monday, with the index closing up 0.52 percent. Wall Street had a mixed session, with the Dow up 0.20 percent, NASDAQ up 0.27 percent, and S&P 500 up 0.14 percent. Crude oil prices dropped over concerns about OPEC’s decision to increase output next month. Traders are cautious ahead of key economic data releases and earnings reports from major companies.
Read more at Nasdaq: Singapore Bourse Due For Consolidation On Tuesday