SG Market: Spore share get a little bounce with some relief coming from the better-than-expected Wall Street performance overnight and in line with modest gains for regional markets but gains are likely to be capped. Resistance for STI still seen at around 2670 with support at 2600.
Singapore Airlines may not react too strongly to news its Nov passenger load factor slipped to 75.2% from 78.9% a year earlier with pax traffic growth down 2.6%. SMRT may fall in a knee-jerk reaction after severe disruptions on its North-South MRT line on Thurs evening after Wed's Circle Line disruptions. Oil-related shares, such as Noble and SembMarine may also face continued pressure after oil futures ended Thurs at 6-week lows.
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