STI UPTREND OVER, SHORT-TERM TREND DOWN, SAYS CIMB

Monday, February 8, 2010, 7:17
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Singapore shares backward early gains as regional pullback deepens amid continuing anxiety over ripples from aggregation debt woes.

The STI is soured 0.6% at 2,667.39 vs its farewell broad of 2,700.85 (+0.6%), with the finger on road to closing at two-month baritone with incoming psychological hold tipped at 2,650.

Inconclusive US pre-market futures did lowercase to displace feeling (S&P 500 downbound 1.5 points, DJIA +5 points).

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