Singapore shares may trade sideways

Singapore shares could trade sideeways next week, dealers said "Don't expect any drastic improvement in the market. We're going to keep seeing minor movements up and down for at least the near term," one trader said.
Another dealer said measures by governments around the world to shore up the financial system will encourage investors to start putting their money to work "in dribs and drabs initially."
The main Straits Times Index closed Friday at 1,732.57, up 70.47 points, or 4.24 percent, from the previous week. Average volume traded was 1.03 billion shares worth 944 million Singapore dollars (626 million US), compared with 990 million shares worth 880 million Singapore dollars the week before.