SG Market: S’pore markets are likely to claw back losses, tracking US and European markets' gains after the US corporate-earnings season's strong start and Spanish and Italian govt borrowing rates drop. Upside resistance for STI is tipped at 3000 level.
Stocks in focus:
*Bumitama Agri makes its debut, which could drag along closest peer First Resources
*Ausgroup on interest for IPO of industry peer Civmec
*STX OSV on reprts that Italian state-owned Fincantieri among final bidders
*SATS on its Indian JV winning a cargo handling contract from Thai Airways in Hyderabad
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