SG Market: Spore shares will be bracing to open lower, extending a 3-session losing streak, as market pessimism persists from a slew of bearish US & China economic data as well as negative property reports on the Spore property market last wk. Having pierced below the 3080 support, the STI is likely to head downwards towards the next support at 3040 level.
KepCorp may be in focus after bagging a US$260m order from Floatel Int’l to build a accommodation semi-submersible for delivery in 1Q 2014, while Biosensors may see interest on its proposed acqn of the remaining 50% stake in JW Medical Systems from Shandong Weigao.
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