Singapore Stocks - Factors to watch on Feb 8

Following are some company-related and market news which could
have an impact on the local market.

----------------------MARKET SNAPSHOT @ 0036 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1509.39 -0.18% -2.730
USD/JPY 93.67 0.05% 0.050
10-YR US TSY YLD 1.9622 -- 0.004
SPOT GOLD 1668.19 -0.15% -2.500
US CRUDE 95.79 -0.04% -0.040
DOW JONES 13944.05 -0.30% -42.47
ASIA ADRS 136.30 -0.41% -0.56
-------------------------------------------------------------

GLOBAL MARKETS-Asian shares capped after Draghi, China data
in focus
SE ASIA STOCKS-Most edge up; Thai stocks off lows on AIS
results

STOCKS TO WATCH
-- OLAM INTERNATIONAL LTD
- Commodities firm Olam International said its net profit
rose to S$154.1 million ($124 million) for the three months to
Dec. 31, from S$128.5 million a year earlier. After the attack
by short-seller Muddy Waters LLC over Olam's aggressive spending
and high debt, the company has begun a review of its business
priorities and free cash flow targets.

-- SINGAPORE AIRLINES LTD
- Singapore Airlines reported a slightly
weaker-than-expected 6 percent rise in third-quarter net profit
of S$142.5 million as earnings from the sale of aircraft and
spares offset losses at its cargo unit. It warned of tough
conditions ahead.

-- FRASER AND NEAVE LTD
- The property and drinks conglomerate said its
first-quarter net profit jumped 27.4 times to S$4.9 billion from
a year earlier, gaining S$4.8 billion from the disposal of its
entire interest in Asia Pacific Breweries.

-- STARHUB LTD
- The telecommunications company said fourth-quarter net
profit fell 5.1 percent to S$87.9 million from S$92.6 million a
year ago, citing higher operating expenses. Starhub's chief
executive officer is retiring at the end of the month and will
be replaced by its chief operating officer.

-- BIOSENSORS INTERNATIONAL GROUP LTD
- Medical device maker Biosensors International Group
reported third-quarter earnings per share of 1.39 U.S. cents,
down from 1.60 U.S. cents a year ago, after excluding a one-off
non-operating gain of $279.6 million on re-measurement of its
interest in JW Medical Systems Ltd, goodwill impairment and the
fair value adjustments for warrants.

-- SEMBCORP MARINE LTD
- Sembcorp Marine's wholly owned subsidiary SMOE won a S$900
million contract from Norway to build an offshore platform
integrated topside expected to start by December.

MARKET NEWS
> Nikkei falls as euro zone uncertainty sours mood
> Wall Street ends lower on renewed euro zone fears
> Bonds edge up as euro slips, stocks fall
> Euro at 2-week low after Draghi cautions on its gains
> Gold down in volatile trading on renewed euro fears
> Brent oil near five-month high on Iran, WTI falls
> Key political risks to watch in Singapore

ASIA-PACIFIC STOCK MARKETS
S.Korea China Hong Kong
Taiwan India Australia/NZ

OTHER MARKETS
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ADR Report LME metals

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