Spore market: anemic trading volume likely to continue in this final week of trading. The Spore market is likely to open down this morning, following weak markets in the US overnight and in regional markets this morning. Kospi is down 0.4%, Nikkei is down 0.8% at 8.04am.
Still see the STI being rangebound in the near term, btwn 2650 – 2700.
Corporate news flow is light today.
* Wilmar: establishes a $5 b Guaranteed Medium-Term Note Program.
* Genting HK: subsidiary Star Cruises says it plans to spend US$25m to refurbish the SuperStar Virgo
* Fortune Reit: agreed to buy two properties for HK$1.9b.
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