(RTTNews) – Singapore’s inventory market has fallen in 3 consecutive sessions, falling nearly 20 issues or 0. 8% over the period. The Straits Times index is now just above the 2,485-point plateau and is expected to increase its loss streak on Tuesday. .
Global forecasts for Asian markets are very negative in the face of emerging coronavirus considerations and the resulting fall in crude oil prices. European and US markets were firmly in red numbers and Asian stock markets are keeping up.
ItsS ended the drop on Monday after losses in stocks, planting stocks and properties.
During the day, the index lost 12. 00 issues or 0. 48% to close at 2,485. 71 after trading between 2,481. 66 and 2,515. 05. The share volume of S$1. 37 billion valued S$988. 07 million. There were 350 declines and 127 winners.
Wall Street’s advantage was weak as stocks opened strongly on Monday and remained in red numbers the day, extending losses to a fourth direct session.
The Dow Jones fell 509. 72 points, or 1. 84%, to close at 27147. 70, while the NASDAQ plummeted 14. 48 points, or 0. 13%, to close in 10778. 80 and the S
The sale to Wall Street comes amid considerations about an additional accumulation of coronavirus cases in Europe, with the UK in another blockade.
The death of Supreme Court Justice Ruth Bader Ginsburg can also weigh in markets, as a fight over the appointment of her replacement can lead to further delays in the passage of the coronavirus relief bill.
Crude oil fell dramatically on Monday due to energy outlook considerations in the face of emerging coronavirus cases in Europe. West Texas Intermediate crude oil futures for October lost $1. 80, or 4. 4%, to $39. 31 a barrel.