SG Market

SG Market: Spore shares are expected to open higher after Wall Street rose Wed amid optimism over the Greek debt situation. With the lifting of the cloud, the STI could reclaim the 3100 level & perhaps test the 3120 resistance. CWT will be in focus after agreeing to buy 73.8% of the capital of commodity marketing company MRI Trading for $94m. SGX may also see interest after targeting Aug 1 to start continuous trading, ending the 90-minute lunch break.