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Market Impact: 0.12

Rebound Expected For Singapore Stock Market

Market Technicals & FlowsInvestor Sentiment & Positioning

Singapore’s Straits Times Index ended lower for 2 of the last 3 sessions after a four-day winning streak that gained over 25 points (~0.5%). The index is now just below the 5,210-point area, suggesting a cooling bid after the prior run but with no specific catalyst cited.

Analysis

Singapore’s Straits Times Index ended lower for 2 of the last 3 sessions after a four-day winning streak that gained over 25 points (~0.5%). The index is now just below the 5,210-point area, suggesting a cooling bid after the prior run but with no specific catalyst cited.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

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