Singapore Shares May Extend Thursday's Losses

The Straits Times Index ended a three-day winning streak after gaining more than 150 points (≈3%) over that run and now sits just below the 4,960 level. Local market momentum has turned slightly negative and the index is tipped to open lower on Friday, suggesting modest near-term downside risk rather than a major market shift.

Analysis

The Straits Times Index ended a three-day winning streak after gaining more than 150 points (≈3%) over that run and now sits just below the 4,960 level. Local market momentum has turned slightly negative and the index is tipped to open lower on Friday, suggesting modest near-term downside risk rather than a major market shift.