SG Market

SG Market: Spore shares may open higher and take cues from Fri's minor gains on Wall Sreet and and more positive openings in regional bourses. However, given the spate of weaker data recently from China, Europe and the U.S., investors are likely to remain very cautious, while the STI is likely to remain volatile and range trade between 2955 and 3030. Corporate news is thin with Cosco signing a new US$155m contract to build a wind turbine installation vessel and Baker Tech’s sale of 49% in its trailer component business York Transport for $22m.