SG Market

SG Market: Spore shares are likely to open flat to slightly lower after a weak session on Wall Street on thin vol, suggesting little conviction. While the STI regained the 3000 ground for the 1st time in 6 sessions, there appears little market conviction that the Mid-East crisis is over with renewed worries about the EU debt issues. Commodity & oil & gas plays will remain in focus. STI support is tipped at 2950 while resistance is at 3020