STI 3,268 +20 +0.60%
DOW 14,421 -91 -0.63%
S&P 1,546 -13 -0.96%
FTSE 6,389 -44 -0.68%
DAX 7,933 -69 -0.86%
GOLD 1,615 +1 +0.07%
OIL 92.60 +0.15 +000.07
PRE-HK OPEN -93 pts
CREDIT SUISSE GLOBAL RISK APPETITE (EQUIYT): -0.43 (20 Mar 2013)
CREDIT SUISSE GLOBAL RISK APPETITE : 2.08 (20 Mar 2013)
22 Mar 2013 08:49
DJ MARKET COMMENT: Singapore's STI May Fall; 3230 Support
0049 GMT [Dow Jones] Singapore's STI is likely to open lower following weakness in global markets amid continued uncertainty about the fate of a bailout plan for banks in Cyprus. "The uncertainties arising for this risk event are likely to weigh on sentiment for the coming session," SIAS Research says in a note. The STI ended 0.6% higher at 3267.65 Thursday following stronger HSBC China PMI data. However, the tone will "likely remain more downside biased," and the benchmark could move toward its 3230 support level