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Market Impact: 0.1

Singapore Bourse May Test Resistance At 4,900 Points

Market Technicals & FlowsInvestor Sentiment & PositioningEmerging Markets

The Straits Times Index sits just below the 4,870-point level after snapping a two-day slide that saw it lose more than 20 points (about 0.5%). The market rebounded on Monday and may extend gains into Tuesday, suggesting short-term bullish sentiment among investors.

Analysis

The Straits Times Index sits just below the 4,870-point level after snapping a two-day slide that saw it lose more than 20 points (about 0.5%). The market rebounded on Monday and may extend gains into Tuesday, suggesting short-term bullish sentiment among investors.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.12