India, March 23 -- The Singapore stock market has moved lower in three straight sessions, sinking more than 150 points or 3.2 percent in that span. The Straits Times Index now rests just above the 4,840-point plateau although it may find traction on Tuesday.
The global forecast for the Asian markets is upbeat as tensions in the Middle East take a slight breather. The European markets were mixed and the U.S. bourses were up and the Asian markets are expected to follow the latter lead.
The STI finished sharply lower on Monday following losses from the financial shares, property stocks and industrial issues.
For the day, the index retreated 107.57 points or 2.17 percent to finish at 4,841.30 after trading between 4,817.11 and 4,872.81.
Amo...