Singapore Stocks - Factors to watch on Nov 30
Following are some company-related and market news which could
have an impact on the local market.
----------------------MARKET SNAPSHOT @ 0014 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1415.95 0.43% 6.020
USD/JPY 82.1 -0.02% -0.020
10-YR US TSY YLD 1.6164 -- -0.003
SPOT GOLD 1724.7 -0.01% -0.090
US CRUDE 87.59 -0.55% -0.480
DOW JONES 13021.82 0.28% 36.71
ASIA ADRS 123.18 1.33% 1.62
-------------------------------------------------------------
GLOBAL MARKETS-Stocks and euro higher but pressured by
Boehner
SE ASIA STOCKS-Indonesia rebounds; Thailand up on fund
buying
STOCKS TO WATCH
-- OLAM INTERNATIONAL LTD
- Singapore commodity trader Olam, under attack by
short-seller Muddy Waters for its aggressive spending and debt
levels, has sufficient cash and does not expect to tap the debt
markets for at least five to six months, its chief executive
said.
- According to a stock exchange filing, two independent
directors at Olam bought a total of 400,000 shares in the
company at S$1.545 and S$1.55 each.
-- SINGAPORE TECHNOLOGIES ENGINEERING LTD
- Singapore Technologies Engineering said its aerospace arm
has injected an additional $1.725 million into its engine
leasing joint venture with Marubeni Corporation. [ID:nSNZbHVynL}
MARKET NEWS
> Nikkei up as weak yen trend boosts hopes for exporters
> Wall St ends higher after swings on 'fiscal cliff'
> US budget worries boost benchmark prices for 4th day
> Euro off one-month highs as U.S. fiscal talk weighs
> Gold rises with equities, U.S. 'fiscal cliff' eyed
> Oil up on U.S. budget optimism, Middle East tensions
> Key political risks to watch in Singapore
ASIA-PACIFIC STOCK MARKETS
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ADR Report LME metals
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