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Market Impact: 0.15

Singapore Bourse May Spin Its Wheels On Thursday

Market Technicals & FlowsInvestor Sentiment & PositioningEmerging Markets

The Straits Times Index has risen more than 150 points (~3%) over three sessions and now sits just above the 5,000 level. After the three-day advance, the market is expected to consolidate on Thursday, indicating cautious near-term positioning despite recent gains.

Analysis

The Straits Times Index has risen more than 150 points (~3%) over three sessions and now sits just above the 5,000 level. After the three-day advance, the market is expected to consolidate on Thursday, indicating cautious near-term positioning despite recent gains.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.12