Singapore Hot Stocks-Keppel Corp, Sembcorp Marine in focus

Tue Jan 6, 2009 12:27am GMT
 
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 SINGAPORE, Jan 6 (Reuters) - Oil-rig builders such as
Keppel Corp (KPLM.SI) and Sembcorp Marine (SCMN.SI) may be in
focus on Tuesday after oil prices rallied on Israel's deepening
incursion into Gaza and on Russia's gas supply row.
 U.S. stocks fell on Monday as investors booked profits
after last week's run-up, while concerns about slowing cell
phone sales hit shares of the biggest telecommunications
companies. ----------------------MARKET SNAPSHOT @ 0014 GMT
------------
                 INSTRUMENT   LAST       PCT CHG   NET CHG
S&P 500             .SPX       927.45      -0.47%    -4.350
USD/JPY             JPY=       93.05       -0.43%    -0.400
10-YR US TSY YLD    US10YT=RR  2.4846          --     0.009
SPOT GOLD           XAU=       854.45      -0.52%    -4.450
US CRUDE            CLc1       48.72       -0.18%    -0.110
DOW JONES           .DJI       8952.89     -0.91%    -81.80
ASIA ADRS           .BKAS      97.94        0.07%      0.07
------------------------------------------------------------- 
> Wall St slips on telecom, financials; Apple jumps        [.N]
> Dollar bolstered by Obama stimulus plan, ECB outlook   [USD/]
> Longer bonds balk at looming issuance binge             [US/]
> Gold leads precious metals slide on firmer dollar      [GOL/]
> Oil rises 5 pct as geopolitical concerns mount          [O/R]
 Stocks and factors to watch:
 -- NEL GROUP (NUEL.SI)
 - The Singapore Exchange said that KPMG, the statutory
auditor of NEL Group, had delivered a confidential report to
the Minister of Finance under a provision of a law that
requires an auditor of a public company to immediately report
to the Minister if he has reason to believe that a serious
offence involving fraud or dishonesty is being or has been
committed against the company. [ID:nSN1531412]
 - Singapore's benchmark Straits Times Index .FTSTI gained
5.2 percent to 1,924.9 points on Monday.
 - The Dow Jones Industrial Average .DJI fell 0.9 percent
to 8,952.89. The Nasdaq Composite Index .IXIC was down by
0.26 percent to 1,628.03.
  (Reporting by Laurence Tan; Editing by Anshuman Daga)











































 

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