Singapore stock market continues to decline, expected to open lower, impacted by global volatility

From Nasdaq: 2025-04-08 20:04:00

The Singapore stock market continues to decline, falling over 500 points in seven straight sessions. The STI sits just below 3,470 points and is expected to open lower on Wednesday. Global markets are volatile, with European markets up, U.S. bourses down, and Asian markets likely to follow suit. Financial shares and trusts led to the STI’s 2.01% drop on Tuesday. Crude oil prices also fell, with West Texas Intermediate dropping to $59.58 a barrel. Trade tensions between the U.S. and China continue to rise, impacting market sentiment. Wall Street saw major averages ending in the red on Tuesday.



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