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Singapore Stocks - Factors to watch on June 24
June 24, 2013 / 12:41 AM / 4 years ago

Singapore Stocks - Factors to watch on June 24

SINGAPORE, June 24 (Reuters) - Following is some
company-related and market news that could have an impact on the
local market.
                                                                         
 ----------------------MARKET SNAPSHOT @ 0030 GMT ------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1592.43      0.27%     4.240
 USD/JPY                          98.26        0.38%     0.370
 10-YR US TSY YLD                 2.5272          --    -0.015
 SPOT GOLD                        1297.76      0.08%     1.010
 US CRUDE                         93.72        0.03%     0.030
 DOW JONES                        14799.40     0.28%     41.08
 ASIA ADRS                        131.38       1.44%      1.86
 -------------------------------------------------------------           
 
    GLOBAL MARKETS-Bond yields eye biggest weekly rise in 10
years 
    SE ASIA STOCKS-Further retreat; Indonesia lags on week 
 
    STOCKS TO WATCH
    -- PACIFIC ANDES DEVELOPMENT LTD, CHINA FISHERY
GROUP LTD 
    - Fish producers Pacific Andes Resources and its indirectly
owned listed unit, China Fishery, requested trading halts
pending announcements. 
      China Fishery said in May it was planning to buy shares of
Peruvian fish feed firm Copeinca. Norwegian fish
farmer Cermaq, which holds about 20 percent Copeinca's
shares, said it would not accept an offer for the stake from
China Fishery. 
    
    -- FIRST RESOURCES LTD 
    - Singapore-listed palm oil producer First Resources said on
Sunday that inferences from various media reports that the
company or its subsidiaries are contributing to the haze through
irresponsible burning are inaccurate. 
      It added that it adopts a strict "zero-burn" policy and
deploys mechanical methods in its land clearing process.
    
    -- GOLDEN AGRI-RESOURCES LTD 
    - Singapore-listed palm oil producer Golden Agri-Resources
said on Saturday there were no hotspots or fires in the
concessions of the company and its subsidiary, PT Sinar Mas Agro
Resources and Technology Tbk. 
    
    -- COSCO CORP LTD 
    - Singapore-listed Chinese shipbuilder COSCO Corp said it
had secured contracts for two accommodation units valued at over
$170 million each. 
    
   MARKET NEWS
 > Nikkei up on weaker yen; Tokyo vote outcome lifts mood 
 > Wall Street ends slightly up but slumps for the week   
 > U.S. bonds climb as investors flee risk               
 > More losses mark miserable week for U.S. bond market 
 > Gold up, but drop for week is biggest since Sept 2011 
 > Oil fall, notches biggest 2-day drop since September  
 > 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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