SG Market

SG Market: Spore shares are likely to fall after US markets slumped late Mon due to heightened risk aversion amid fresh jitters over European sovereign debt & the lack of progress in US debt-ceiling negotiations. Support for the STI is tipped at the 3040. Reits will be in focus after results from CMT, A-Reit, & K-Reit. CapitaLand may also in the news after selling a Beijing residential property to Ascott Serviced Residence (China) Fund for $205.8m.