Singapore Stock Market Updates on 17/1/12
Market recovers some losses after yesterday sell-off. Shares advance across Asia as Europe-inspired jitters ease. China economic data due. This week's inflation, housing and manufacturing reports are likely to show the U.S. remained on a modest upward track at the end of 2011. We expect market to consolidate at this current point before a breakthrough of 2,800.
Sentiment for now is neutral but biased on the upside.
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