Singapore Shares May Take Further Damage On Monday
From Nasdaq: 2025-02-16 19:01:15
The Singapore stock market ended lower on Friday after a two-day winning streak, with the Straits Times Index finishing just above 3,875 points. Energy stocks are expected to lead Asian markets lower on Monday, following mostly lower European and U.S. markets. The STI slipped 0.13 percent to close at 3,877.50, with CapitaLand Integrated Commercial Trust and City Developments among the active gainers. Wall Street saw mixed results on Friday, with the NASDAQ surging 2.6 percent for the week. Oil prices fell on hopes of a peace deal between Russia and Ukraine. Singapore awaits January data for non-oil domestic exports.
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