The Singapore Stock Market is set to recover as the Straits Times Index rises 0.5% amid global gains.

The Singapore Stock Market is poised for recovery on Monday after a two-day decline of nearly 35 points. The Straits Times Index (STI) is currently above 3,555 points, buoyed by positive global market trends and expectations of interest rate cuts from the Federal Reserve. On opening, the STI rose 0.5%, with significant trading activity and banking stocks showing gains. Global markets, including the U.S. and Europe, also ended higher, contributing to optimism in Asia.

November 04, 2024
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