Singapore Stock Market May Run Out Of Steam On Monday

RTTNews2022-12-12

The Singapore stock market has tracked higher in back-to-back sessions, gathering more than 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,245-point plateau...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

K20
2022-12-12
K20
Okay
SKHan
2022-12-12
SKHan
Share your opinion about this news…
- SKHan:
  Ok
LunaQuek
2022-12-12
LunaQuek
🫣
dancingbook
2022-12-12
dancingbook
K
BuyOrSell
2022-12-12
BuyOrSell
Need to translate to actions. Hold, short the index, sell, or.......
Toratoratora
2022-12-12
Toratoratora
Dang
- Miguho:
  Liked

Leave a comment

235

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1100050572?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-12-12 08:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1100050572","market":"sg","top_or_hot":-1,"title":"Singapore Stock Market May Run Out Of Steam On Monday","media":"RTTNews","content":"<div>\n<p>The Singapore stock market has tracked higher in back-to-back sessions, gathering more than 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,245-point plateau...</p>\n\n<a href=\"https://www.rttnews.com/3331207/singapore-stock-market-may-run-out-of-steam-on-monday.aspx?type=acom\">Source Link</a>\n\n</div>\n","source":"lsy1626938412129","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stock Market May Run Out Of Steam On Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stock Market May Run Out Of Steam On Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-12 08:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3331207/singapore-stock-market-may-run-out-of-steam-on-monday.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has tracked higher in back-to-back sessions, gathering more than 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,245-point plateau...</p>\n\n<a href=\"https://www.rttnews.com/3331207/singapore-stock-market-may-run-out-of-steam-on-monday.aspx?type=acom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://www.rttnews.com/3331207/singapore-stock-market-may-run-out-of-steam-on-monday.aspx?type=acom","article_id":"1100050572","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1100050572","pubTimestamp":1670803604,"sourceInfo":{"source_id":"lsy1626938412129","name":"RTTNews"},"weMediaInfo":null,"summary":"The Singapore stock market has tracked higher in back-to-back sessions, gathering more than 20 point","collect":0,"end_time":0,"defaultTopTitle":"rttnews.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"新加坡股市周一可能会失去动力","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"The Singapore stock market has tracked higher in back-to-back sessions, gathering more than 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,245-point plateau although the rally may stall on Monday.The global forecast for the Asian markets is soft on recession concerns and the outlook for interest rates. 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 modestly higher on Friday following gains from the financial shares and property stocks.For the day, the index added 9.89 points or 0.31 percent to finish at 3,245.97 after trading between 3,235.82 and 3,248.03.Among the actives, Ascendas REIT lost 0.36 percent, while CapitaLand Integrated Commercial Trust added 0.50 percent, CapitaLand Investment gained 0.28 percent, City Developments advanced 0.61 percent, Comfort DelGro strengthened 0.81 percent, DBS Group perked 0.12 percent, Emperador rallied 1.02 percent, Genting Singapore increased 0.56 percent, Hongkong Land jumped 1.35 percent, Keppel Corp rose 0.13 percent, Mapletree Pan Asia Commercial Trust improved 0.60 percent, Mapletree Logistics Trust sank 0.62 percent, Oversea-Chinese Banking Corporation gathered 0.41 percent, SATS surged 4.84 percent, SembCorp Industries dropped 0.93 percent, SingTel shed 0.38 percent, Thai Beverage soared 2.29 percent, United Overseas Bank collected 1.04 percent, Wilmar International climbed 0.75 percent, Yangzijiang Financial spiked 1.52 percent and Yangzijiang Shipbuilding, Singapore Technologies Engineering, Mapletree Industrial Trust, Keppel DC REIT, Frasers Logistics and UOL Group were unchanged.The lead from Wall Street is negative as the major averages opened in the red, ticked higher midday but slumped going into the close.The Dow dropped 305.04 points or 0.90 percent to finish at 33,476.46, while the NASDAQ sank 77.38 points or 0.70 percent to close at 11,004.62 and the S&P 500 lost 29.13 points or 0.73 percent to end at 3,934.38.For the week, the NASDAQ plunged 4.0 percent, the S&P sank 3.4 percent and the Dow dropped 2.8 percent.The late-day weakness on Wall Street came as traders looked ahead to this week's highly anticipated Federal Reserve meeting.While the Fed is widely expected to slow the pace of interest rate hikes to 50 basis points, traders have recently expressed concerns about how much further the Fed will need to raise rates in order to contain inflation.Adding to concerns about the outlook for interest rates, the Labor Department said U.S producer prices increased more than expected last month. But the negative sentiment was partly offset by a report from the University of Michigan showing a decrease in consumers' inflation expectations.Crude oil futures fell on Friday. weighed down by concerns about the outlook for energy demand due to a possible global economic recession amid policy tightening by central banks. West Texas Intermediate Crude oil futures for January ended lower by $0.44 or 0.6 percent at $71.02 a barrel. WTI crude futures sank 11.6 percent in the week.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9923114395,"gmtCreate":1670809370518,"gmtModify":1676538437284,"author":{"id":"3583284147557843","authorId":"3583284147557843","name":"K20","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0},"htmlText":"Okay&nbsp;","listText":"Okay&nbsp;","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9923114395","repostId":1100050572,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9923133275,"gmtCreate":1670807859798,"gmtModify":1676538436813,"author":{"id":"3573471135601329","authorId":"3573471135601329","name":"SKHan","avatar":"https://static.tigerbbs.com/edb016a1e76d427cf4bc5ef3a5d38289","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9923133275","repostId":1100050572,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105168038,"gmtCreate":1670807895254,"gmtModify":1670807908452,"authorId":3573471135601329,"author":{"id":3573471135601329,"authorId":3573471135601329,"name":"SKHan","avatar":"https://static.tigerbbs.com/edb016a1e76d427cf4bc5ef3a5d38289","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9923133275,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"},{"id":9923192385,"gmtCreate":1670807233247,"gmtModify":1676538436610,"author":{"id":"4097627336182880","authorId":"4097627336182880","name":"LunaQuek","avatar":"https://community-static.tradeup.com/news/9363b2886334af364d2cc99d6cc12765","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":1},"htmlText":"🫣","listText":"🫣","text":"🫣","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9923192385","repostId":1100050572,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9923107675,"gmtCreate":1670806733298,"gmtModify":1676538436426,"author":{"id":"4126408722762182","authorId":"4126408722762182","name":"dancingbook","avatar":"https://community-static.tradeup.com/news/8167225b10da952511304cb8496e5d08","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9923107675","repostId":1100050572,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9923109470,"gmtCreate":1670806163991,"gmtModify":1676538436185,"author":{"id":"4117611265439562","authorId":"4117611265439562","name":"BuyOrSell","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Need to translate to actions. Hold, short the index, sell, or.......","listText":"Need to translate to actions. Hold, short the index, sell, or.......","text":"Need to translate to actions. Hold, short the index, sell, or.......","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9923109470","repostId":1100050572,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9923372375,"gmtCreate":1670805766398,"gmtModify":1676538436004,"author":{"id":"3573023523256265","authorId":"3573023523256265","name":"Toratoratora","avatar":"https://static.tigerbbs.com/4620e4b1ebb53c254b704a72429a7a3b","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Dang","listText":"Dang","text":"Dang","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9923372375","repostId":1100050572,"repostType":2,"repost":{"id":"1100050572","pubTimestamp":1670803604,"share":"https://www.laohu8.com/m/news/1100050572?lang=&edition=full","pubTime":"2022-12-12 08:06","market":"sg","language":"en","title":"Singapore Stock Market May Run Out Of Steam On Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1100050572","media":"RTTNews","summary":"The Singapore stock market has tracked higher in back-to-back sessions, gathering more than 20 point","content":"<html><head></head><body><p>The Singapore stock market has tracked higher in back-to-back sessions, gathering more than 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,245-point plateau although the rally may stall on Monday.</p><p>The global forecast for the Asian markets is soft on recession concerns and the outlook for interest rates. The European markets were up and the U.S, bourses were down and the Asian markets figure to follow the latter lead.</p><p>The STI finished modestly higher on Friday following gains from the financial shares and property stocks.</p><p>For the day, the index added 9.89 points or 0.31 percent to finish at 3,245.97 after trading between 3,235.82 and 3,248.03.</p><p>Among the actives, Ascendas REIT lost 0.36 percent, while CapitaLand Integrated Commercial Trust added 0.50 percent, CapitaLand Investment gained 0.28 percent, City Developments advanced 0.61 percent, Comfort DelGro strengthened 0.81 percent, DBS Group perked 0.12 percent, Emperador rallied 1.02 percent, Genting Singapore increased 0.56 percent, Hongkong Land jumped 1.35 percent, Keppel Corp rose 0.13 percent, Mapletree Pan Asia Commercial Trust improved 0.60 percent, Mapletree Logistics Trust sank 0.62 percent, Oversea-Chinese Banking Corporation gathered 0.41 percent, SATS surged 4.84 percent, SembCorp Industries dropped 0.93 percent, SingTel shed 0.38 percent, Thai Beverage soared 2.29 percent, United Overseas Bank collected 1.04 percent, Wilmar International climbed 0.75 percent, Yangzijiang Financial spiked 1.52 percent and Yangzijiang Shipbuilding, Singapore Technologies Engineering, Mapletree Industrial Trust, Keppel DC REIT, Frasers Logistics and UOL Group were unchanged.</p><p>The lead from Wall Street is negative as the major averages opened in the red, ticked higher midday but slumped going into the close.</p><p>The Dow dropped 305.04 points or 0.90 percent to finish at 33,476.46, while the NASDAQ sank 77.38 points or 0.70 percent to close at 11,004.62 and the S&amp;P 500 lost 29.13 points or 0.73 percent to end at 3,934.38.</p><p>For the week, the NASDAQ plunged 4.0 percent, the S&amp;P sank 3.4 percent and the Dow dropped 2.8 percent.</p><p>The late-day weakness on Wall Street came as traders looked ahead to this week&#39;s highly anticipated Federal Reserve meeting.</p><p>While the Fed is widely expected to slow the pace of interest rate hikes to 50 basis points, traders have recently expressed concerns about how much further the Fed will need to raise rates in order to contain inflation.</p><p>Adding to concerns about the outlook for interest rates, the Labor Department said U.S producer prices increased more than expected last month. But the negative sentiment was partly offset by a report from the University of Michigan showing a decrease in consumers&#39; inflation expectations.</p><p>Crude oil futures fell on Friday. weighed down by concerns about the outlook for energy demand due to a possible global economic recession amid policy tightening by central banks. West Texas Intermediate Crude oil futures for January ended lower by $0.44 or 0.6 percent at $71.02 a barrel. WTI crude futures sank 11.6 percent in the week.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stock Market May Run Out Of Steam On Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stock Market May Run Out Of Steam On Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-12 08:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3331207/singapore-stock-market-may-run-out-of-steam-on-monday.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has tracked higher in back-to-back sessions, gathering more than 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,245-point plateau...</p>\n\n<a href=\"https://www.rttnews.com/3331207/singapore-stock-market-may-run-out-of-steam-on-monday.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3331207/singapore-stock-market-may-run-out-of-steam-on-monday.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100050572","content_text":"The Singapore stock market has tracked higher in back-to-back sessions, gathering more than 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,245-point plateau although the rally may stall on Monday.The global forecast for the Asian markets is soft on recession concerns and the outlook for interest rates. 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 modestly higher on Friday following gains from the financial shares and property stocks.For the day, the index added 9.89 points or 0.31 percent to finish at 3,245.97 after trading between 3,235.82 and 3,248.03.Among the actives, Ascendas REIT lost 0.36 percent, while CapitaLand Integrated Commercial Trust added 0.50 percent, CapitaLand Investment gained 0.28 percent, City Developments advanced 0.61 percent, Comfort DelGro strengthened 0.81 percent, DBS Group perked 0.12 percent, Emperador rallied 1.02 percent, Genting Singapore increased 0.56 percent, Hongkong Land jumped 1.35 percent, Keppel Corp rose 0.13 percent, Mapletree Pan Asia Commercial Trust improved 0.60 percent, Mapletree Logistics Trust sank 0.62 percent, Oversea-Chinese Banking Corporation gathered 0.41 percent, SATS surged 4.84 percent, SembCorp Industries dropped 0.93 percent, SingTel shed 0.38 percent, Thai Beverage soared 2.29 percent, United Overseas Bank collected 1.04 percent, Wilmar International climbed 0.75 percent, Yangzijiang Financial spiked 1.52 percent and Yangzijiang Shipbuilding, Singapore Technologies Engineering, Mapletree Industrial Trust, Keppel DC REIT, Frasers Logistics and UOL Group were unchanged.The lead from Wall Street is negative as the major averages opened in the red, ticked higher midday but slumped going into the close.The Dow dropped 305.04 points or 0.90 percent to finish at 33,476.46, while the NASDAQ sank 77.38 points or 0.70 percent to close at 11,004.62 and the S&P 500 lost 29.13 points or 0.73 percent to end at 3,934.38.For the week, the NASDAQ plunged 4.0 percent, the S&P sank 3.4 percent and the Dow dropped 2.8 percent.The late-day weakness on Wall Street came as traders looked ahead to this week's highly anticipated Federal Reserve meeting.While the Fed is widely expected to slow the pace of interest rate hikes to 50 basis points, traders have recently expressed concerns about how much further the Fed will need to raise rates in order to contain inflation.Adding to concerns about the outlook for interest rates, the Labor Department said U.S producer prices increased more than expected last month. But the negative sentiment was partly offset by a report from the University of Michigan showing a decrease in consumers' inflation expectations.Crude oil futures fell on Friday. weighed down by concerns about the outlook for energy demand due to a possible global economic recession amid policy tightening by central banks. West Texas Intermediate Crude oil futures for January ended lower by $0.44 or 0.6 percent at $71.02 a barrel. WTI crude futures sank 11.6 percent in the week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105167371,"gmtCreate":1670805907255,"gmtModify":1670805920334,"authorId":3582204952231455,"author":{"id":3582204952231455,"authorId":3582204952231455,"name":"Miguho","avatar":"https://static.tigerbbs.com/1708e4937f87a14a9852d40bac0b0ce4","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9923372375,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Liked</span>","text":"<span class=\"s1\">Liked</span>","html":"<span class=\"s1\">Liked</span>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":235,"commentSize":13,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1100050572"}