Positive.

From Nasdaq: 2025-01-15 19:01:54

The Singapore stock market has been on a five-day losing streak, dropping almost 3 percent. However, the global forecast for Asian markets is positive due to eased concerns over U.S. inflation data. The STI closed lower on Wednesday, with losses in financial and industrial sectors. Major U.S. indexes surged, reacting positively to the Labor Department’s report on consumer price inflation. Oil prices also spiked due to a drop in U.S. crude inventories and new sanctions against Russia. The STI closed at 3,772.58, with various active stocks seeing mixed movements.



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