The Singapore stock market is expected to open steady on Monday after the Straits Times Index edged lower on Friday, closing at 5,656.11 points.
The STI dipped 4.41 points or 0.08 percent on Friday, trading between 5,621.76 and 5,661.82 throughout the session.
The modest decline followed a two-day slide in which the index had dropped nearly 85 points or 1.7 percent earlier in the week.
Losses in the retail, finance, and telecom sectors weighed on the index, though gains from property and technology companies helped limit the damage.
The global forecast for Asian markets is mixed to lower, driven by concerns over crude oil prices and the broader outlook for interest rates.
European markets closed lower on Friday, while U.S. bourses ended mixed, leaving Asian markets positioned to split the difference at Monday’s open.
Wall Street offered little directional clarity, with the Dow falling 95.36 points or 0.18 percent to close at 51,682.64 on Friday.
The NASDAQ gained 104.24 points or 0.39 percent to end at 26,522.54, while the S&P 500 rose 12.74 points or 0.17 percent to close at 7,650.50.
For the week, the NASDAQ added 0.7 percent, the S&P 500 eased 0.1 percent, and the Dow slumped 1.7 percent.
Choppy U.S. trading was shaped by a mixed performance from crude oil prices and treasury yields, which have been key drivers of market sentiment in recent sessions.
Oil prices moved lower amid optimism over a potential de-escalation of Middle East tensions, as investors anticipated upcoming meetings between the U.S. and Gulf leaders.
West Texas Intermediate crude for October delivery fell $1.74 or 1.71 percent to settle at $100.17 per barrel on Friday.
Treasury yields moved in the opposite direction, climbing higher as markets continued to weigh concerns about the future path of interest rates.
On the U.S. economic front, the Fed reported that industrial production came in flat in August, with a jump in utilities output offsetting a decrease in manufacturing output.
Closer to home, Singapore is set to release unemployment data for the second quarter of 2026, with forecasts suggesting the jobless rate will hold steady at 2.0 percent, matching the Q1 figure.
