Singapore Shares May Tick Higher On Wednesday

The Singapore market has alternated between gains and losses over the past four trading days after ending a two-day slide during which the Straits Times Index fell just over a dozen points (~0.25%). The pattern points to short-term choppiness and volatility rather than a clear directional move; no major catalysts or new data were reported in the note.

Analysis

The Singapore market has alternated between gains and losses over the past four trading days after ending a two-day slide during which the Straits Times Index fell just over a dozen points (~0.25%). The pattern points to short-term choppiness and volatility rather than a clear directional move; no major catalysts or new data were reported in the note.