SG Market: Wall Street's modest gains overnight may help nudge Spore shares higher although activity may continue to dwindle as investors wind down ahead of X’mas holiday season with yday's volume was only 801.5m shares worth $834.7m, below the 1b mark for the 1st time in 4Q10. The STI may encounter resistance at 50-day SMA of 3188. Wilmar may fall on latest foray into property business in China as this is a sharp departure from its plantation business...
while SembMarine may see again test its 52-wk high of $5.20 after bagging a US$400m contract for 2 jackup rigs with options to build 4 more.
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