STI - Dec 29 2005

STI closed above the 2340 level yesterday that should signal a move to
2369~2377 with immediate support at 2338~2340. Investors will be looking
forward to Singapore’s 4Q GDP estimates scheduled for release on January 3rd
2006. Consensus poll points to a 6.7% yoy rise driven by strong manufacturing
performance. This should underpin stocks in the current session and provide a
firm tone. (Kelive Report – 30 Dec 2005)