SG Market

SG Market: Spore shares are likely to fall, following an ugly session on Wall Street on fresh doubts over Europe's plan to stem the debt crisis. Following recent steep gains to overbought levels, the STI appears ripe for a correction, with support tipped at 2750. CapitaMall Trust is likely to be in focus after announcing a private placement at $1.79 to raise about $250m for asset enhancements and general working capital. NOL is likely to come under pressure after posting a 3rd consecutive quarter of losses, due to slowing trade and higher fuel costs.