Singapore Hot Stocks-CapitaCommercial Trust in focus

SINGAPORE, Jan 7 (Reuters) - CapitaCommercial Trust
(CACT.SI) may be in focus on Wednesday after the firm managed
to secure refinancing for some of its loans.

U.S. stocks gained on Tuesday on the increased likelihood
of a government stimulus package after the release of minutes
from the last Federal Reserve policy meeting painted a dismal
picture of the U.S economy. ----------------------MARKET
SNAPSHOT @ 0031 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 934.7 0.78% 7.250
USD/JPY JPY= 93.73 0.1% 0.090
10-YR US TSY YLD US10YT=RR 2.4826 -- 0.025
SPOT GOLD XAU= 857.9 -0.63% -5.450
US CRUDE CLc1 48.34 -0.49% -0.240
DOW JONES .DJI 9015.10 0.69% 62.21
ASIA ADRS .BKAS 99.10 1.18% 1.16
-------------------------------------------------------------
> Wall St rises on stimulus plan hopes; tech leads [.N]
> Dollar rallies broadly, euro falls as data weighs [USD/]
> TIPS demand hints at inflation fear, market flat [US/]
> Gold ends higher, bounces off 2-week low [GOL/]
> Oil dips below $49 on weak US economic data [O/R]

Stocks and factors to watch:

-- CAPITACOMMERCIAL TRUST (CACT.SI)

- CapitaCommercial Trust said it has secured a three-year
loan of up to S$580 million ($394.3 million) to refinance
commercial mortgage-backed securities (CMBS) that mature in
March. [ID:nSGC000966]

-- ARA ASSET MANAGEMENT (ARAM.SI)

- Property fund manager ARA Asset Management, which manages
Suntec REIT (SUNT.SI) and Fortune REIT (FORT.SI), said it plans
to launch country-focused funds for China, India and Japan to
take advantage of declining real estate prices that it expects
will bottom in late 2009. [ID:nSIN418767]

-- OLAM (OLAM.SI)

- The global cotton business should start to recover as the
recession which decimated demand for the fiber begins to
gradually lift, said a senior official of the cotton unit of
commodities firm Olam International. [ID:nN06411498]

- Singapore's benchmark Straits Times Index .FTSTI fell
0.58 percent to 1,913.66 points on Tuesday.

- The Dow Jones Industrial Average .DJI gained 0.69
percent to 9,015.10. The Nasdaq Composite Index .IXIC rose
1.5 percent to 1,652.38 on Tuesday.
(Reporting by Laurence Tan; Editing by Michael Urquhart)