EZB8RISK / Market Briefing

Singapore's benchmark index extends its losing streak even as regional peers show strength, with Vietnam posting near double-digit growth and US equities firming on softer jobs dat

Singapore's benchmark index extends its losing streak even as regional peers show strength, with Vietnam posting near double-digit growth and US equities firming on softer jobs data. The local weakness continues to look sentiment-driven, given the industrial base has held up while the tape stays heavy. Oil settling lower after Europe agreed to tap diesel reserves adds a mild headwind for energy-linked names on the local exchange.

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