(RTTNews) – Singapore’s inventory market closed upwards on consecutive business days, emerging only about 20 issues or 0. 8% along the way. The Straits Times index is now just below the 2545-point plateau, the uptick is likely to be avoided on Tuesday.
Global forecasts for Asian markets are based on doubts about the momentum of combat against the growing number of coronavirus cases. European and US markets have fallen and Asian stock markets are expected to adapt.
The STI closed a little upwards on Monday after gains in monetary stocks, real estate stocks and trade problems.
On the day, the index gained 10. 55 issues or 0. 42% to close at 2,543. 57 after trading between 2,537. 31 and 2,549. 52. Singapore’s share volume valued $945. 6 million worth $1. 59 billion. There were 220 winners and 198 declinants.
Wall Street’s advantage is broadly negative, as stocks showed a lack of direction at the start of Monday’s deal, but moved firmly south as the day progressed.
The Dow Jones fell 410. 89 points, or 1. 44%, to close in 28195. 42, while the NASDAQ fell 192. 67 points, or 1. 65%, to close at 11478. 88 and the S
Weakness on Wall Street reflected considerations as to whether Washington lawmakers would reach agreement on a new stimulus bill, with reports suggesting that there remains a variety of additional differences that need to be addressed globally over the next 48 hours.
In economic news, the National Association of Home Builders said the confidence of home builders reached a new record in October, as opposed to expectations of any change.
Crude oil futures ended on Low on Monday, overstepped by persistent considerations about the prospects for the energy call due to higher cases of coronavirus. West Texas Intermediate crude oil futures for November ended at $40. 83 a barrel, $0. 05 or 0. 1% less than $40. 83 a barrel.