STI            2,989      +2       +0.08%
DOW         13,010     +173   +1.35%
S&P           1,409       +18     +1.29%
FTSE          5,819       +28      +0.48%
DAX            7,309       +64      +0.88%
GOLD          1,750       -1          -0.08%
OIL             88.09         -0.18    -0.20%
PRE-HK OPEN     +90pts
 
CREDIT SUISSE GLOBAL RISK APPETITE (EQUITY):  1.16 (22Nov 2012)
CREDIT SUISSE GLOBAL RISK APPETITE              :   1.92 (22 Nov 2012)

 
DJ MARKET TALK: S'pore Shares Likely To Open Higher;3000 Remains Key 

0044 GMT [Dow Jones] Singapore shares are likely to open higher following Wall Street's surge late last week though gains are likely to be capped as investors focus on "fiscal cliff" developments in the U.S. and Greece deliberations in Europe. "There are many contentious issues up for debate between Democrats and Republicans such as healthcare subsidies and higher taxes for the wealthy which could slow negotiations down," Jason Hughes of IG Markets says. "While traders had hoped for an end-of-year rally to see out 2012, off the back of the fiscal cliff being averted, this very much hangs in the balance." For the STI, 3000 remains the key resistance level with support likely around 2970. Olam International (O32.SG) remains in focus as the Muddy Waters wrangle continues. Other commodities stocks such as Golden Agri-Resources (E5H.SG), Wilmar International (F34.SG) and Noble Group (N21.SG) may get a fillip from the buoyant risk sentiment
 
 
OLAM : TAKEOVER OFFER FOR SHARES IN NZ FARMING.