The Singapore stock market has seen five consecutive sessions of gains, with the Straits Times Index rising over 70 points. However, investors may take profits on Monday due to global trade concerns. The STI closed higher on Friday, led by property stocks. CapitaLand Integrated Commercial Trust and DBS Group were among the gainers. Meanwhile, Wall Street closed lower as trade tensions escalated. Crude oil prices rose on Friday due to supply forecasts and geopolitical risks. Singapore will release Q2 GDP figures, with expectations of a 0.7% quarterly increase and 3.5% annual growth.
Read more at Nasdaq MarketSite: Singapore Stock Market Due For Profit Taking On Monday