SG Market: Spore shares are likely to open higher, tracking Wall Street's gains, after the world's major central banks pledged to support European banks with USD liquidity. In Spore, banks are likely to see a strong start after their US/European peers were the standout performers, which should give a short term lift to the local market, ahead of FOMC meeting on 20-21 Sep. STI could meet resistance at 2820, and find support at 2735.
Stocks in focus today include local banks DBS, UOB and OCBC. Golden Agri may also draw attention after it said Nestle has resumed palm oil buying from its Indonesian unit PT SMART
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