Monday, February 27, 2012

SG Market

SG Market: Spore shares lack firm cues for the opening, with Wall Street’s rather mixed closed and regional markets largely focused on local issues. The STI is likely to find immediate support at the 20-day moving average at 2968 followed by firmer ground at 2910 with the psychological 3000 level acting as overhead resistance.

First Resources may rise as its earnings came in above forecasts but Venture 4Q results net profit was slightly below expectations.

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