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Singapore Stocks - Factors to watch on Oct 24
Following are some company-related and market news which could have an impact on the local market.
--------------------MARKET SNAPSHOT @ 0005 GMT-----------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1413.11 -1.44% -20.71
USD/JPY 79.84 -0.01% -0.010
10-YR US TSY YLD 1.7677 -- 0.007
SPOT GOLD 1711.39 0.19% 3.30
US CRUDE 86.79 0.14% 0.120
DOW JONES 13102.53 -1.82% -243.36
ASIA ADRS 120.03 -1.82% -2.22
GLOBAL MARKETS-Asian shares falter on weak earnings
SE ASIA STOCKS-Mostly edge up ahead of quarterly earnings
STOCKS TO WATCH
- OSIM INTERNATIONAL
The massage chair maker's third-quarter net profit surged 49 percent to S$20 million ($16.3 million) and sales grew 15 percent to S$142 million. The company said it had reported growth in profitability for 15 consecutive quarters and expects its core business to remain strong.
- ASCOTT RESIDENCE TRUST
The REIT's revenue rose 6 percent to S$77.4 million in July-September and unitholders' distribution edged up 1 percent to S$25.6 million. Distribution per unit was 2.24 cents.
The company expects earnings to improve further after the addition of three prime assets to its portfolio.
MARKET NEWS > Nikkei opens down as earnings weigh > Weak outlooks drive Dow to worst day in 4 months > Euro, AUD on the defensive as data looms > Spain, growth worries propel bond prices > Gold eases on economic worries > Oil falls on growth concerns, corporate forecast cuts > Key political risks to watch in Singapore
ASIA-PACIFIC STOCK MARKETS
S.Korea China Hong Kong
Taiwan India Australia/NZ
Currency Eurostocks JP bonds
ADR Report LME metals
DIARIES & DATA:
U.S. earnings diary
Front Page Asian companies
U.S. company News European companies
Forex news Global Economy
Tech, Media and Telecoms
A multimedia version of Reuters Top News is available at:
topnews.session.rservices.com ($1 = 1.2257 Singapore dollars) (Reporting by Anshuman Daga)
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