SG Market

SG Market: SG shares may edge higher, supported by modest gains on Wall Street though participation could remain low as investors await more data, including US weekly jobless claims due Thurs & 2Q GDP on Fri. Resistance for STI seen at 2950 while support remains at 2900 with technical indicators in oversold territory. Olam likely to attract interest as commodities trader due to report FY10 results during midday break.