India, Oct. 22 -- The Singapore stock market on Thursday wrote a finish to the two-day losing streak in which it had stumbled almost 20 points or 0.8 percent. The Straits Times Index now sits just beneath the 2,530-point plateau and it's predicted to open slightly higher again on Friday.
The global forecast for the Asian markets is cautiously optimistic on hopes for a stimulus bill in the United States. The European markets were mixed and flat and the U.S. markets were up and the Asian markets figure to split the difference.
The STI finished slightly higher on Thursday as gains from the financials were offset by weakness from the properties.
For the day, the index added 2.80 points or 0.11 percent to finish at 2,528.41 after trading betw...