SG Market

SG Market: Spore shares may open flat despite positive leads from Wall Street, as an interest rate hike announced by China's central bank could weigh on market sentiment already roiled by concerns over euro-zone sovereign debt. Support for the STI is tipped at 3100, then 3070, with resistance first at 3120. Tiger Airways again in the news with quitting of its Australia chief after the aviation regulator extended its suspension till Aug 1.