The Singapore stock market is on a positive trend, with the Straits Times Index nearing the 4,310-point mark. The global forecast for Asian markets is optimistic due to interest rate outlook. On Monday, the STI saw a slight increase, with various sectors showing mixed performances. Wall Street also closed with modest gains, reflecting confidence in interest rate prospects following weak US employment data. Crude oil prices rose on concerns of sanctions on Russian exports. Overall, market activity remains cautious as investors await inflation data later in the week that could impact rate decisions.
Read more at Nasdaq: Singapore Stock Market May Add To Its Winnings On Tuesday