SG Market

SG Market: Spore shares are likely to open lower after Wall Street fall last Fri, dragged by weak payroll data, suggesting that the US economic recovery is faltering. STI may break below 50-day MA at 3.14 & head towards next support at 3110 during the week. Watch for news from Olam, which has been halted pending an announcement, likely to relate to fund-raising options.