SG Market (06 Jun 12)

SG Market: S’pore shares may get a slight uplift, tracking Wall Street and regional markets after better-tan-expected US services data and as G-7 financial chiefs pressed Europe for more aggressive action. On a positive note, S’pore’s May PMI data also showed a return to expansion after Apr's contraction. The STI may attempt to cover the breakdown gap at 2738 with 2680 offering support. The O&M segment may rise on Swiber landing US$830m in contracts; peer Ezion's trading halt may spur speculation of more contracts