The Singapore stock market closed lower for the third consecutive session, with the Straits Times Index sitting just above 4,265 points. However, it is expected to open higher on Monday, following a positive global market forecast due to improved interest rate outlook. On Friday, the STI dipped 0.18 percent, with losses in industrials and mixed performances in financial and property sectors. Wall Street saw gains, with the Dow up 0.65 percent, NASDAQ up 0.44 percent, and S&P 500 up 0.59 percent. Crude oil prices rose as Russia imposed restrictions on fuel exports.

Read more at Nasdaq: Bargain Hunting May Lift Singapore Stock Market