Asian equity markets took a breather this week as the Singapore benchmark dipped 0.5%, settling at 4,825.63 points. The pullback halted a solid six-week winning streak for the index. Traders are watching closely to see if this consolidation signals profit-taking or signals a shift in market momentum. For crypto investors monitoring traditional finance correlations, Asian equity weakness could offer insight into broader risk sentiment in the region.
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GhostChainLoyalist
· 31m ago
Singapore drops 0.5%, this correction is quite normal. Can we go six weeks straight without a break?
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pumpamentalist
· 16h ago
Is a 0.5% drop in Singapore considered a gasp? After six weeks of rally, the upward trend is broken, but we still don't see panic selling... Wait, isn't this a sign of accumulation?
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PessimisticOracle
· 17h ago
Singapore drops 0.5%? That's nothing. I thought it was going to crash, just profit taking.
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ProofOfNothing
· 17h ago
Singapore drops 0.5%? Haha, the six-week rally has ended. It's time to shake things up, isn't it?
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MevHunter
· 17h ago
Falling again? The six-week rally is gone just like that. Singapore really can't hold on anymore.
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MechanicalMartel
· 17h ago
Singapore drops 0.5%? After 6 consecutive weeks of gains, it's all being given back. This move is either profit-taking or a genuine shift.
Asian equity markets took a breather this week as the Singapore benchmark dipped 0.5%, settling at 4,825.63 points. The pullback halted a solid six-week winning streak for the index. Traders are watching closely to see if this consolidation signals profit-taking or signals a shift in market momentum. For crypto investors monitoring traditional finance correlations, Asian equity weakness could offer insight into broader risk sentiment in the region.