December 10, 2012 / 12:47 AM / 5 years ago

Singapore Stocks - Factors to watch on Dec 10

SINGAPORE, Dec 10 (Reuters) - Following are some
company-related and market news which could have an impact on
the local market.
                                                                  
 ----------------------MARKET SNAPSHOT @ 0038 GMT ------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1418.07      0.29%     4.130
 USD/JPY                          82.56        0.28%     0.230
 10-YR US TSY YLD                 1.6198          --    -0.003
 SPOT GOLD                        1704.31      0.02%     0.270
 US CRUDE                         86.18        0.29%     0.250
 DOW JONES                        13155.13     0.62%     81.09
 ASIA ADRS                        124.28       0.57%      0.71
 -------------------------------------------------------------    
 
    GLOBAL MARKETS-Stocks, dollar up modestly after strong jobs
data 
    SE ASIA STOCKS-Mixed; Manila at record peak 
 
 
    STOCKS TO WATCH
    -- DBS GROUP HOLDINGS LTD 
    - Singapore's DBS, Southeast Asia's largest bank, said on
Monday it plans to acquire a 30 percent stake in Marina Bay
Financial Centre Tower 3, a prime office building in the
city-state. 
      DBS had signed an agreement with Choicewide Group Ltd, a
joint venture of Cheung Kong (Holdings) Ltd and
Hutchison Whampoa Ltd, to buy a 30 percent stake in
Central Boulevard Development Pte Ltd and its associated loan
for around S$1.035 billion ($847.8 million).
      DBS can also take up Choicewide's remaining 3.3 percent
stake in Central Boulevard, a consortium that develops the
Marina Bay office complex, and its associated loan for around
S$115 million.
    
    -- CAPITALAND LTD 
    - Australand Property Group, which is 59 percent
owned by Singapore's CapitaLand, said on Monday it has received
an unsolicited, highly conditional offer from GPT Group 
to acquire parts of its business. 
    
   MARKET NEWS
 > Nikkei rises to 7-mth high after strong US jobs data   
 > Dow, S&P rise on jobs, but Apple bites Nasdaq again    
 > Bond prices fall on job growth, ahead of new supply   
 > Euro stung by euro zone worry; China trade data eyed 
 > Gold rises from 1-month low after US payrolls        
 > Oil seesaws as US job growth offsets budget deadlock  
 > 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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