Singapore Bourse May Crack Resistance At 3,900 Points

From Nasdaq: 2025-05-13 20:00:00

The Singapore stock market has been on the rise, gaining over 30 points in the past two sessions. The Straits Times Index closed just above 3,880 points and is expected to receive further support on Wednesday. Global markets are mixed to higher, following better-than-expected inflation data. The STI saw gains in financial shares, trusts, and mixed results in the property sector. Wall Street had a mixed day, with the Dow down, while the NASDAQ and S&P 500 closed higher. Consumer prices in the U.S. rose less than expected in April, easing concerns about tariffs. Crude oil prices surged on optimism about demand.



Read more at Nasdaq: Singapore Bourse May Crack Resistance At 3,900 Points