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Market stuck in a losing streak

Analysts say local market's trajectory over the next month may depend on US dollar's moves

Published Wed, Apr 27, 2016 · 09:50 PM

APRIL has not been all that cruel to the local stock market thus far, but the last few days of the month seem to be in a hurry to make up for any earlier mildness. Singapore shares remained stuck in a losing streak on Wednesday, chalking up a gloomy fourth session of decline after having touched a five-month high of 2,960 last Thursday.

The benchmark Straits Times Index (STI) ended its hump day 0.7 per cent …

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