Singapore Stocks - Factors to watch on Jan 30

Tue Jan 29, 2013 7:57pm EST

SINGAPORE, Jan 30 (Reuters) - Following are some
company-related and market news that could have an impact on the
local market.
                                                                
 ----------------------MARKET SNAPSHOT @ 0020 GMT ------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1507.84      0.51%     7.660
 USD/JPY                          90.8         0.08%     0.070
 10-YR US TSY YLD                 1.9973          --     0.032
 SPOT GOLD                        1664.56      0.07%     1.110
 US CRUDE                         97.43       -0.14%    -0.140
 DOW JONES                        13954.42     0.52%     72.49
 ASIA ADRS                        135.39       1.36%      1.82
 -------------------------------------------------------------  
 
 
    GLOBAL MARKETS-Asian shares inch up, caution over earnings,
Fed 
    SE ASIA STOCKS-Manila at record high with foreign
inflows 
 
 
    STOCKS TO WATCH
    -- SINGAPORE TELECOMMUNICATIONS 
    - Singapore Telecommunications said on Tuesday it has agreed
to sell its entire 30 percent stake in Pakistan's Warid Telecom
to a unit of the Abu Dhabi Group for $150 million.
 
    
    -- CDL HOSPITALITY TRUSTS 
    - CDL Hospitality Trusts, which owns hotels, said its income
to be distributed per stapled security for its fourth quarter
slipped 1.4 percent to 2.90 Singapore cents, partly dragged down
by higher expenses. 
    
    -- SMRT CORP LTD  
    - Transport provider SMRT reported a 31.2 percent drop in
third-quarter net profit to S$25.5 million from a year earlier,
citing higher operating expenses for trains and bigger losses in
its bus business. 
    
   MARKET NEWS
 > Nikkei edges up on weak yen trend, eyes on earnings    
 > Defensive sectors lead Wall Street higher              
 > Prices dip as investors seek to pay less at auctions  
 > Euro bulls battle to take option barriers at $1.3500 
 > Gold tests key resistance level ahead of Fed         
 > Positive U.S. housing data pushes oil prices up       
 > 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         
        
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    U.S. company News European companies 
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