Singapore Stocks - Factors to watch on Nov 7

Wed Nov 7, 2012 12:14am GMT

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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:
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