SG Market

SG Market: Spore shares may consolidate amid lack of leads with lower US close overnight. HK, China markets shut for public holidays today. Any upside for STI likely to be limited, capped at recent high of 3125; support at 3069. The 4Q may start on a quiet note with prices bound within a tight range ahead of the 3Q earnings season beg in mid-Oct. After the strong Sep rally, companies will have to deliver solid results & keep up positive guidance to drive shares higher.