Singapore Stock Market May Give Up Support At 5,700 Points

Singapore’s Straits Times Index ended a brief two-day gain, slipping after adding nearly 50 points (+0.8%) previously, and now sits just above the 5,700 level. The report suggests Wednesday is expected to open in the red, indicating near-term caution but no specific fundamental catalyst.

Analysis

Singapore’s Straits Times Index ended a brief two-day gain, slipping after adding nearly 50 points (+0.8%) previously, and now sits just above the 5,700 level. The report suggests Wednesday is expected to open in the red, indicating near-term caution but no specific fundamental catalyst.