The Singapore stock market has been on the rise, with the Straits Times Index gaining almost 60 points in two consecutive sessions. Global markets are also optimistic, with European and U.S. markets up. The STI closed slightly higher on Thursday, with gains in properties and industrials offset by weakness in the financial sector. The Dow, NASDAQ, and S&P 500 all saw gains on Wall Street, driven by positive reactions to reports on consumer price inflation and weekly jobless claims. The Federal Reserve is expected to lower rates next week, with a 94.8 percent chance of a quarter-point cut. Crude oil prices fell due to a supply glut projection.

Read more at Nasdaq: Singapore Bourse May Add To Its Winnings On Friday