Singapore Stock Market Updates on 7/2/12

Market faces updown pressure as investors turn their attention on Greece. Talks have been postponed to Tuesday as leaders are trying to come up with agreement to prevent Greece from defaulting. We expect market to be choppy at this current point so please stand sideline first. Nevertheless, we are still upbeat on the market as long term chart is showing signs of turning positive. Support at 2900. Lookout for SembCorp, Sembmarine, Venture.

Sentiment --> Bullish

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