Singapore Bourse Overdue For Consolidation

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source on Google Add Now The Singapore stock market has finished higher in seven straight sessions, gathering more than 300 points or 6 percent along the way. The Straits Times Index now sits just above the 5,470-point plateau although it may run out of steam on Tuesday. The global forecast for the Asian markets is weak thanks to renewed hostilities in the Middle East and weakness among the technology companies. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead. The STI finished slightly higher on Monday following mixed performances among the financial shares, property stocks and industrial companies. For the day, the index perked 1.05 points or 0.02 percent to finish at 5,470.34 after trading between 5,432.55 and 5,474.85. Subscribe to continue reading the article. This article is available exclusively to RTT Biotech...