(RTTNews) – Singapore’s inventory market has fallen in 3 consecutive sessions, wasting only 20 issues or 0. 8% along the way. The Straits Times index is now just above the 2,490-point plateau and could increase its losses on Friday.
Global forecasts for Asian markets are weak, while optimism has declined in the United States about a coronavirus relief program. European and US markets have fallen and Asian stock markets are expected to remain tailor-made.
ITS ended the decline on Thursday, with losses in plantations and telecommunications offset by gains in finance and property.
During the day, the index lost 7. 24 issues or 0. 29% to finish at 2,492. 09 after trading between 2,477. 59 and 2,510. 71. The share volume of 1. 58 billion is valued at $1. 16 billion.
Wall Street’s advantage was negative as stocks could not be maintained in the early hours of Thursday, reversing maturity in the morning before finishing firmly in red numbers.
The Dow Jones plummeted 405. 89 points, or 1. 45%, to finish at 2. 7534. 58, while the NASDAQ dropped 221. 97 points, or 1. 99%, to end in 10919. 59 and S
Strong generation actions contributed to Wall Street’s advancement, but also helped drive the next drop in markets.
In addition to the negative sentiment, Senate Republicans have been unable to advance a new stimulus bill for the coronavirus. In the face of unanimous opposition from Democrats, the bill failed to remove a key procedural hurdle in the most recent sign of how difficult it has been for lawmakers to approve. a new contingency plan.
Crude oil costs fell on Thursday after knowledge showed a surge in US crude inventories last week, while the easing of OPEC production brakes also contributed to oil weakness. .