SG Market: STI likely to open slightly lower as investors book some profits ahead of key events in US this week. Wall Street's flat session last Fri & mixed regional bourses also likely to inspire caution with all eyes are on the Fed, US mid-term elections & Fri's non-farm payrolls report. Market is expected to stay quiet as today will be a day of anticipation.
Support for STI seen at 3,085 with upside capped at 3,200. Thomson Medical Centre will be in focus after Peter Lim's surprise offer at $1.75 or 68% may also trigger re-rating interest in Raffles Medical. OCBC 3Q earnings due at lunch break keenly watched for slide in its net interest margins, fee & non-interest income gains.
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