SG Market

SG Market: Spore shares are likely to open higher, tracking gains on Wall Street and higher regional markets, in a slight recovery after its sharp drop in the previous session. But traders view this as a technical rebound as there is no basis for real optimism yet. Resistance for the STI is tipped at 2800, with support at 2750. Corporate results Thursday put several stocks in focus, including gaming group Genting Spore and City Dev, both of which came in below expectations while GLP posted a good set of results.