Singapore Stocks-May rise on US data; NOL in focus

Sun Dec 4, 2011 7:17pm EST

SINGAPORE, Dec 5 (Reuters) - Singapore shares are
likely to open higher on Monday, buoyed by data showing U.S.
unemployment fell to a 2-1/2-year low and as Italy unveiled a
package of austerity measures to shore up its strained finances
and stave off a euro zone crisis.	
    Singapore-based container shipping group Neptune Orient
Lines (NOL) may be in focus after a German paper Die
Welt reported on Saturday the firm has resumed talks about
buying German rival Hapag-Lloyd, without identifying
its sources. 	
                                                                        
 ----------------------MARKET SNAPSHOT @ 0003 GMT ------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1244.28     -0.02%    -0.300
 USD/JPY                          78.06        0.05%     0.040
 10-YR US TSY YLD                 2.0681          --     0.035
 SPOT GOLD                        1752.19      0.37%     6.440
 US CRUDE                         101.56       0.59%     0.600
 DOW JONES                        12019.42    -0.01%     -0.61
 ASIA ADRS                        117.98       0.29%      0.34
 -------------------------------------------------------------           
 
 	
     	
> Wall St caps stellar week on drop in jobless rate      	
> Bonds rise as Europe fears trump jobs data            	
> Euro drops 1st time in 5 days before crucial event   	
> Gold edges up after US jobs, notches big weekly gains 	
> Oilr rises on Iran worry, strong gasoline             	
         	
    Stocks and factors to watch:     	
    -- SINGAPORE EXCHANGE LTD 	
    - Singapore Exchange said turnover in securities trading on
its bourse fell 37 percent in November year-on-year to S$25.4
billion, hurt by global uncertainties. Securities daily average
value was S$1.2 billion, down 40 percent from a year earlier.
 	
    	
    -- HI-P INTERNATIONAL 	
    - More than 200 workers at a electronics plant owned by
Singapore's Hi-P International in Shanghai remained on strike
for a third day on Friday to denounce what they said was a
management plan for mass layoffs. 	
    	
    -- SIM LIAN GROUP LTD 	
    - Sim Lian Group said its wholly-owned subsidiaries have
been jointly awarded the tender for a land parcel in Singapore
with a site area of 18,954.5 square metres for commercial and
residential development. 	
    	
    -- UMS HOLDINGS LTD 	
    - UMS, which makes semiconductor equipments, said it will
acquire two manufacturing companies, Integrated Manufacturing
Technologies Pte Ltd and Integrated Manufacturing Technologies
Inc for S$28 million in total. 	
     	
    - Singapore's benchmark Straits Times Index gained
0.42 percent to 2,773.36 points on Friday. 	
    - The Dow Jones industrial average lost 0.01 percent
to 12,019.42. The Standard & Poor's 500 Index was 0.02
percent lower at 1,244.28. The Nasdaq Composite Index 
rose 0.03 percent to 2,626.93. 	
    	
    ASIA-PACIFIC STOCK MARKETS: 	
    Japan             S.Korea       China   	
    Hong Kong        Taiwan        SE Asia 	
    Australia/NZ     India      	
    	
    OTHER MARKETS: 	
    Wall Street       Gold         Currency  	
    Eurostocks       Oil           JP bonds  	
    ADR Report      LME metals  US bonds  	
         	
    STOCKS NEWS US, Europe, Asia: 	
      	
    DIARIES & DATA: 	
    IPO diary & data 	
       U.S. earnings diary 	
      Singapore diary 	
         Eurostocks Week Ahead 	
     Asia earnings diary 	
      European diary 	
    Wall Street Week Ahead 	
    TOP NEWS: 	
      Asian companies       U.S. company
News 	
      European companies    Forex news 	
    Global Economy       Technology 	
    Telecoms            Media news 	
      Banking news           
General/political 	
    Asia Macro 	
    A multimedia version of Reuters Top News is available at: 	
    topnews.session.rservices.com 	
    LIVE PRICES & DATA: 	
    World Stocks        Currency rates  	
    Dow Jones/NASDAQ  Nikkei 	
    FTSE 100 Debt  	
    (Local currency) LME price overview 	
	
 (Reporting by Charmian Kok; Editing by Kevin Lim)

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