Wednesday, November 7, 2012

Singapore Stocks - Factors to watch on Nov 7

Following are some company-related and market news which could

have an impact on the local market.

----------------------MARKET SNAPSHOT @ 0004 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG

S&P 500 1428.39 0.79% 11.130

USD/JPY 80.22 -0.15% -0.120

10-YR US TSY YLD 1.7331 -- -0.018

SPOT GOLD 1710.54 -0.28% -4.800

US CRUDE 88.18 -0.60% -0.530

DOW JONES 13245.68 1.02% 133.24

ASIA ADRS 121.49 0.60% 0.72

-------------------------------------------------------------

GLOBAL MARKETS-Wall Street gains as U.S. votes, euro steady

SE ASIA STOCKS-Most weak; Malaysia falls to five-week low

STOCKS TO WATCH

-- SATS LTD

- SATS said its second quarter net profit rose 25 percent to

S$50.3 million from a year ago, helped by higher sales in its

food business.

-- YANGZIJIANG SHIPBUILDING (HOLDINGS)

- Yangzijiang Shipbuilding said its net profit in the third

quarter fell 14 percent to 877.2 million yuan from a year ago,

hurt partly by lower profit margins and lower vessel delivery.

With a bleak outlook for the shipbuilding industry, the company

said it was diversifying into ship demolishing and steel

fabrication.

-- ASCENDAS HOSPITALITY TRUST

- Ascendas Hospitality Trust, which listed in July and owns

hotels in Australia China and Japan, said its second quarter

distributable income was S$8.7 million , 2.5 percent higher than

its forecast.

-- ASIA PACIFIC BREWERIES LTD, FRASER AND NEAVE

LTD

- Heineken said its acquisition of Fraser and Neave's

interests in Asia Pacific Breweries has been approved by the

Competition Commission of Singapore.

MARKET NEWS

> Wall St jumps as election waiting nears the end

> Bonds fall as auction lackluster; vote eyed

> Dollar eyes U.S. presidential race, AUD shines

> Gold jumps 2 pct on Obama bets, technical bounce

> Oil up with Wall Street as U.S. goes to the polls

> Key political risks to watch in Singapore

ASIA-PACIFIC STOCK MARKETS

S.Korea China Hong Kong

Taiwan India Australia/NZ

OTHER MARKETS

Currency Eurostocks JP bonds

ADR Report LME metals

STOCKS NEWS

US

Europe

Asia

DIARIES & DATA:

Singapore diary

U.S. earnings diary

European diary

Asia Macro

TOP NEWS

Front Page Asian companies

U.S. company News European companies

Forex news Global Economy

Tech, Media and Telecoms

Financials General/political

A multimedia version of Reuters Top News is available at:

Source: http://news.yahoo.com/singapore-stocks-factors-watch-nov-7-001434644--sector.html

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