(RTTNews) – Singapore’s inventory market ended with a drop in 4 consecutive sessions, sliding more than 40 issues or 1. 7% during that period. The Straits Times index is now just below the 2465-point plateau and may only prevent bleeding Wednesday.
Global forecasts for Asian markets are positive, and a search for cut prices is expected after days of heavy sales, while optimism for additional stimulus added to positive sentiment. European markets combined and US stock markets combined. But it’s not the first time They went up and Asian markets joined the last one.
THE STI ended off Tuesday after losses on genuine monetary stocks and real estate.
For the day, the index fell 22. 42 issues or 0. 90% to finish at 2,463. 29 after trading between 2455. 33 and 2,481. 77. Singapore’s share volume was $1. 3 billion. There were 236 declinants and 201 winners.
Wall Street’s advantage is the company, as stocks broke a slow start On Tuesday to end solidly in green, interrupting a three-day drop.
The Dow Jones rose 140. 48 points, or 0. 52%, to close at 2,7288. 18, while the NASDAQ rose 184. 84 points, or 1. 71%, to close in 10963. 64 and the S
The force on Wall Street came after Federal Reserve Chairman Jerome Powell said the central bank was still “determined to use our equipment to do whatever we can, for as long as necessary, to make the recovery as strong as possible. “
Although considerations about the accumulation of coronavirus cases have persisted and reports of new blockade restrictions in some countries have raised considerations about growth, reduced price hunting, and short policy after Monday’s sharp setback that raised inventory costs.
Crude oil futures recovered on Tuesday, constrained by energy outlook considerations amid new coronavirus cases in Europe. West Texas Intermediate crude oil futures for November ended at $0. 26, or 0. 7%, to $39. 80 a barrel.
Closer to home, Singapore to provide August customer value figures later in the day; In July, headline inflation fell 0. 3% monthly and 0. 4% year-on-year, while core CPI also fell 0. 4% in line with the year.