RPT-Singapore Stocks - Factors to watch on Aug 16

Thu Aug 16, 2012 2:13am EDT

(Adds Singapore Airlines stock code)
Following are some company-related and market news which could
have an impact on the local market.
                                                                                        
 ----------------------MARKET SNAPSHOT @ 0021 GMT ------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1405.53      0.11%     1.600
 USD/JPY                          79.08        0.11%     0.090
 10-YR US TSY YLD                 1.8346          --     0.017
 SPOT GOLD                        1604.31      0.09%     1.430
 US CRUDE                         94.4         0.07%     0.070
 DOW JONES                        13164.78    -0.06%     -7.36
 ASIA ADRS                        119.04      -0.43%     -0.51
 -------------------------------------------------------------                          
 
 
    GLOBAL MARKETS-Stocks firm; bonds fall on stimulus
uncertainty  
    SE ASIA STOCKS-Wilmar leads S'pore lower; others mixed 
 
 
    STOCKS TO WATCH
    -- SINGAPORE AIRLINES 
    - Singapore Airlines said it filled 68.5 percent of the
available space on its planes in July, lower than 69.9 percent
in June and 70.2 percent a year ago. 
        
    -- INTRACO LTD, HANWELL HOLDINGS 
    - A bidding war for Intraco has emerged after tycoon Oei
Hong Leong raised his offer for Hanwell's 29.89 stake in the
trading company to S$0.70. Oei increased his offer from S$0.63
each, after another bidder TH Investments offered to buy the
Hanwell's stake at S$0.68 a share. 
    
    -- SINGAPORE TELECOMMUNICATIONS 
    - Ratings agency Moody's downgraded telecom firm SingTel to
Aa3 from Aa2 with a stable outlook, while revising Optus' rating
to negative from stable. 
    MARKET NEWS
 
 > Nikkei gains as softer yen props up exporters          
 > Wall St continues advance but at a snail's pace        
 > Yields rise on stronger U.S. data, fewer Europe fears 
 > Dollar hits 1-month high against yen                 
 > Gold rises on hope for US easing, hedge fund bullish 
 > Brent ends above $116 to 3-month high on tight supply 
 > 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: 
    topnews.session.rservices.com

 (Reporting by Charmian Kok; Editing by John Mair)