Singapore Stocks - Factors to watch on Feb 5

Tue Feb 5, 2013 12:40am GMT

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Following are some company-related and market news which could
have an impact on the local market.
                                                              
 ----------------------MARKET SNAPSHOT @ 0035 GMT ------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1495.71     -1.15%   -17.460
 USD/JPY                          92.28       -0.09%    -0.080
 10-YR US TSY YLD                 1.9673          --     0.011
 SPOT GOLD                        1673.11     -0.05%    -0.890
 US CRUDE                         96.05       -0.12%    -0.120
 DOW JONES                        13880.08    -0.93%   -129.71
 ASIA ADRS                        135.66      -0.94%     -1.28
 -------------------------------------------------------------
 
 
    GLOBAL MARKETS-Asian shares drop on euro zone worry, soft US
data 
    SE ASIA STOCKS-Rise; Philippines, Indonesia at record high
 
 
 
    STOCKS TO WATCH
    -- WING TAI HOLDINGS LTD 
    - Retail and property firm Wing Tai Holdings said its
second-quarter net profit jumped 159 percent to S$88.7 million
($71.56 million) compared to a year earlier, helped by stronger
revenues from residential properties. 
    
    -- UNITED ENVIROTECH LTD 
    - Water treatment and recycling company United Envirotech
reported a surge in third-quarter net profit to S$8.5 million,
4.5 times the quarterly net profit a year earlier, boosted by
higher engineering and treatment revenues. 
    
    -- GLOBAL LOGISTIC PROPERTIES LTD 
    - Warehouse operator Global Logistic Properties said it will
contribute an extra 29 billion yen ($312.85 million) of equity
to develop modern logistics properties in Japan, as part of a
joint venture with Canada Pension Plan Investment
Board. 
    
 MARKET NEWS
 > Nikkei dips over 1 pct as euro fears spur profit-taking 
 > S&P 500 worst since Nov; McGraw-Hill shares sink       
 > Bonds up as stock losses, euro zone concern revive bid 
 > Euro rally loses steam, Aussie eyes RBA              
 > Platinum at 4-month high, palladium 17-month peak    
 > Oil prices sink on profit-taking after positive streak 
 > 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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