SG Market: Spore shares are likely to see more upside following gains on Wall Street, helped by some upbeat US economic data. Vol has also picked up nicely on SGX yday, albeit aided by some window dressing but is an encouraging sign going into 3Q as sentiment improves. Support for the STI now sifts to 3090 & resistance at 3150. Corporate news flow is thin; CitySpring resuming trade after announcing a rights issue to raise as much as $210m.
Radiance buys Global Invacom Hldgs for US$49m in an RTO. Auditirs warn of missing cash at China Gaoxian & SGX Raps KXD Entertainment.
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