From Nasdaq, Inc.: 2025-02-23 19:06:18

The Singapore stock market rose on Friday, with the STI finishing just below 3,930 points. The global forecast for Asian markets is weak due to concerns over inflation and interest rates. The STI saw gains from financials but mixed performances from industrials and properties. Wall Street ended lower on Friday, with the Dow down 1.69 percent. Consumer sentiment in the U.S. deteriorated more than expected in February, with year-ahead inflation expectations spiking. Oil prices fell to a two-month low on Friday. Singapore will see January consumer price figures, with overall inflation expected to climb to 2.2 percent.



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