Singapore Bourse May Reclaim 5,000-Point Level

The Straits Times Index has recovered in two of the last three sessions after a three-day slide that erased almost 180 points, or 3.5%. It now sits just below the 4,990 level, indicating a modest stabilization in Singapore equities rather than a clear directional catalyst.

Analysis

The Straits Times Index has recovered in two of the last three sessions after a three-day slide that erased almost 180 points, or 3.5%. It now sits just below the 4,990 level, indicating a modest stabilization in Singapore equities rather than a clear directional catalyst.