Singapore Stocks Pause Rally As Global Markets Send Mixed Signals
Singapore Stocks Pause Rally As Global Markets Send Mixed Signals
Investors remain cautious ahead of the Federal Reserve's policy decision later today, with widespread expectations for a 25-basis point rate cut. However, persistent inflationary concerns have tempered overall optimism, as markets assess whether the Fed will ease rates at a slower pace next year.The Singapore stock market is expected to pause on Tuesday after three straight days of gains, where the Straits Times Index (STI) rose 0.28% or 10.68 points on Monday to close at 3,821.03. The session saw telecom stocks posting gains, while industrial counters weakened and financial stocks ended mixed.
新加坡股市预计在连续三天上涨后于周二停滞，海峡时报指数（STI）在周一上涨0.28%或10.68点，收报3,821.03。该交易时段电信股票录得涨幅，而工业股走弱，金融股则表现不一。
Among the notable movers, DBS Group rose 1.30%, Oversea-Chinese Banking Corporation (OCBC) climbed 1.43%, and SingTel added 0.32%. On the downside, Keppel DC REIT plunged 3.17%, Hongkong Land fell 1.32%, Emperador dropped 1.19%, and SembCorp Industries retreated 1.26%.
在显著的股票中，DBS集团上涨1.30%，华侨银行（OCBC）上涨1.43%，新电信上涨0.32%。相反，吉宝数据中心房地产信托暴跌3.17%，香港置地下跌1.32%，Emperador下跌1.19%，胜科工业回落1.26%。
The overnight performance on Wall Street provided a mixed lead for Asian markets. The NASDAQ surged 1.24% to a record 20,173.89, buoyed by significant gains in semiconductor and networking stocks. Meanwhile, the S&P 500 added 0.38%, while the Dow Jones Industrial Average fell 0.25%.
华尔街过夜表现为亚洲市场提供了混合的领导信号。纳斯达克指数上涨1.24%，创下20,173.89的新记录，得益于半导体和网络股票的大幅上涨。与此同时，S&P 500上涨0.38%，而道琼斯指数下跌0.25%。
Investors remain cautious ahead of the Federal Reserve's policy decision later today, with widespread expectations for a 25-basis point rate cut. However, persistent inflationary concerns have tempered overall optimism, as markets assess whether the Fed will ease rates at a slower pace next year.
投资者在美联储今天稍后政策决定前仍保持谨慎，普遍预期将降息25个基点。然而，持续的通胀担忧抑制了整体乐观情绪，因为市场评估美联储明年是否会以较慢的速度放松利率。
Oil prices continued to face downward pressure, with West Texas Intermediate (WTI) crude futures falling US$0.58 to settle at US$70.71 per barrel.
油价继续受到下行压力，西德克萨斯中质油（WTI）期货下跌0.58美元，收于每桶70.71美元。
Locally, Singapore's focus will turn to the release of November's non-oil domestic exports (NODX) data on Tuesday. In October, NODX fell 7.4% on a month-on-month basis and 4.6% year-on-year, with a trade surplus of S$4.41 billion. Market watchers will look to this report for further clarity on the state of Singapore's trade-dependent economy.
在本地，新加坡的关注将转向周二发布的11月份非油类国内出口（NODX）数据。在10月份，NODX环比下降7.4%，同比下降4.6%，贸易顺差为44.1亿新元。市场观察者将关注这一报告，以进一步了解新加坡依赖贸易的经济状态。
The STI's next resistance level is seen at 3,840 points, while support stands at 3,800 points. With mixed global signals, the market is likely to experience a muted session as investors await further direction from regional economic data and developments in the US.
海峡时报指数的下一个支撑位被认为在3,840点，而压力位则在3,800点。由于全球信号混杂，市场可能会经历一个平淡的交易时段，因为投资者在等待区域经济数据和美国的进一步动态。
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