Singapore Stock Market May Test 5,300-Point Level

Singapore’s Straits Times Index rose for a third straight session, gaining ~1.9% (nearly 100 points) and closing just below the 5,260 level. The article expects further upside on Tuesday, suggesting improving near-term momentum and sentiment rather than any specific fundamental catalyst.

Analysis

Singapore’s Straits Times Index rose for a third straight session, gaining ~1.9% (nearly 100 points) and closing just below the 5,260 level. The article expects further upside on Tuesday, suggesting improving near-term momentum and sentiment rather than any specific fundamental catalyst.