DJI closed on Monday. Tonight will be Obama's inauguration ceremony.

Singapore share prices closed higher on Monday with the STI up 16.54 points at 1746.99 on volume of 867.5m shares worth $805.8m.


Events to note:
Singapore preliminary GDP for 2008: 21 January, 8am
Singapore Budget: 22 January
China 2008 GDP data: 22 January

STI gap resistance at 1760 and support at 1639.

Results:
1. K-Reit FY08 revenue up 31.4%, earnings up 166.7%
2. Evergro FY08 revenue up 9.8%, earnings up 178%

Profit Warning:
1. TPV Tech
2. New Lakeside

Others:
1. Technics Oil&Gas secured S$23m project
2. SP Chem proposed voluntary delisting
3. SATS/SFI request for suspension.