Singapore Hot Stocks-Neptune Orient in focus as cargo rises
SINGAPORE, Oct 13 (Reuters) - Shares in container shipping
group Neptune Orient Lines (NOL) (NEPS.SI) are likely to be in
the spotlight after it reported the first annual rise in
monthly cargo volumes this year.
The S&P 500 managed a sixth day of gains on Monday to end at its closing high for the year as energy shares rose alongside the price of oil. ----------------------MARKET SNAPSHOT @ 0018 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG S&P 500 .SPX 1076.19 0.44% 4.700 USD/JPY JPY= 89.63 -0.19% -0.170 10-YR US TSY YLD US10YT=RR 3.3561 -- -0.035 SPOT GOLD XAU= 1055.2 0.00% -0.050 US CRUDE CLc1 73 -0.37% -0.270 DOW JONES .DJI 9885.80 0.21% 20.86 ASIA ADRS .BKAS 123.73 -0.03% -0.04 ------------------------------------------------------------- > S&P logs 6th day of gains with earnings in view [.N] > Dollar dips vs euro; investors eye U.S earnings [USD/] > Bonds tumble on Fed tightening fears [US/] > Gold rises towards $1,060/oz as dollar retreats [GOL/] > Oil jumps nearly 2 pct on optimism, colder US weather [O/R]
Stocks and factors to watch:
-- NEPTUNE ORIENT LINES (NEPS.SI)
Neptune Orient Lines reported a 1 percent increase in container volume for the four weeks to September 18 but its average revenue fell by 29 percent during that period. [ID:nSIN484112]
- K-REIT Asia (KASA.SI)
K-REIT Asia, a Singapore property trust, will report third-quarter results on Tuesday. Keppel Corp (KPLM.SI) and Keppel Land (KLAN.SI) jointly own about 76 percent of K-REIT.
- Singapore's benchmark Straits Times Index .FTSTI rose 1.05 percent to 2,680.47 on Monday.
- The Dow Jones Industrial Average .DJI rose 0.21 percent to 9,885.80 points. The Nasdaq Composite Index .IXIC inched 0.01 percent lower to 2,139.14 points. (Reporting by Harry Suhartono; Editing by Jan Dahinten)
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