Singapore Hot Stocks-Keppel Corp, Sembcorp Marine in focus
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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