Singapore Market Rally May Pause Amid Year-End Profit Taking
Singapore Market Rally May Pause Amid Year-End Profit Taking
Global cues suggest a softer market, as Wall Street posted losses on Monday due to profit-taking and low trading volumes. The Dow fell 418.48 points (-0.97%), while the NASDAQ dropped 235.25 points (-1.19%), driven by declines in technology and semiconductor stocks.The Singapore stock market, which has gained for two straight sessions, adding over 35 points or 0.9%, may face resistance on Tuesday as profit-taking sets in before the year's close.
新加坡股票市場在連續兩個交易日上漲後，增加了超過35點或0.9%，週二可能面臨支撐位，因爲在年末之前獲利了結的情況出現。
The Straits Times Index (STI) ended Monday at 3,795.73, just shy of the 3,800-point mark, after a 24.10-point or 0.64% rise.
海峽時報指數（STI）在週一以3,795.73點收盤，距離3,800點大關僅一步之遙，漲幅爲24.10點或0.64%。
RHB Research noted gains across financial, property, and industrial stocks, with active counters including CapitaLand Investment (+1.53%), Yangzijiang Financial (+2.44%), and SembCorp Industries (+1.65%).
RHb研究指出，金融、房地產和工業股票普遍上漲，活躍的股票包括凱德集團（+1.53%）、揚子江金融（+2.44%）和勝科工業（+1.65%）。
Global cues suggest a softer market, as Wall Street posted losses on Monday due to profit-taking and low trading volumes. The Dow fell 418.48 points (-0.97%), while the NASDAQ dropped 235.25 points (-1.19%), driven by declines in technology and semiconductor stocks.
全球市場信號顯示市場可能會走軟，因華爾街週一因獲利了結和低交易量而出現虧損。道瓊斯指數下跌418.48點（-0.97%），納斯達克下跌235.25點（-1.19%），科技和半導體股票的下跌是主要原因。
Oil prices, however, rose to a five-week high, with February WTI crude futures up 0.6% at US$70.99 per barrel, supported by reduced US inventories and expected demand from China.
然而，油價攀升至五週高位，2月份WTI原油期貨上漲0.6%，至每桶70.99美元，受到美國庫存減少和中國需求預期的支持。
The STI is expected to remain cautious, mirroring broader Asian markets.
STI預計將保持謹慎，反映出更廣泛的亞洲市場。
RTTNews
RTTNews
