Singapore Stocks - Factors to watch on April 12

Thu Apr 11, 2013 8:35pm EDT

SINGAPORE, April 12 (Reuters) - Following are some
company-related and market news which could have an impact on
the local market.
                                                              
 ----------------------MARKET SNAPSHOT @ 0028 GMT ------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1593.37      0.36%     5.640
 USD/JPY                          99.69        0.02%     0.020
 10-YR US TSY YLD                 1.7879          --    -0.003
 SPOT GOLD                        1561.16      0.03%     0.420
 US CRUDE                         93.42       -0.10%    -0.090
 DOW JONES                        14865.14     0.42%     62.90
 ASIA ADRS                        141.49       1.29%      1.80
 -------------------------------------------------------------
 
 
    GLOBAL MARKETS-Asian shares steady, yen faces fresh low vs
dollar 
    SE ASIA STOCKS-Firmer; Malaysia hits new peak on blue-chips,
foreign buying 
 
 
    STOCKS TO WATCH
    -- SINGAPORE TELECOMMUNICATIONS LTD AND YOMA
STRATEGIC HOLDINGS LTD 
    - Myanmar has announced the names of 12 international
consortia that have pre-qualified to bid for two mobile
licences. The companies include SingTel, India's Bharti Airtel
Ltd and the Digicel consortium that includes
Singapore-listed Yoma Strategic Holdings. 
    
    -- CHINA FISHERY GROUP LTD 
    - China Fishery Group upped the stakes in a fight over
Peruvian fishmeal company Copeinca with a new takeover
offer that matches one from rival Cermaq.
 
    
    -- FAR EAST GROUP LTD 
    - Far East has agreed to acquire 84.25 percent of the total
registered capital of Eden Refrigeration Manufacturing (Jiangsu)
for S$11.7 million ($9.5 million). 
    
    -- EZRA HOLDINGS LTD 
    - Offshore services firm Ezra posted second-quarter net
profit of $29.7 million, a 34 percent rise from a year earlier,
boosted by more projects by its subsea services division.
 
    
    -- LIAN BENG GROUP LTD 
    - Construction company Lian Beng said net profits for the
nine months ended Feb. 28 fell 25.7 percent to S$30.1 million
($24.3 million) from a year earlier, hurt by lower gains in the
sale of property. In a separate announcement, Lian Beng said it
bought 30 percent of Oxley Bliss Pte Ltd, funded by internal
resources.  
    
 MARKET NEWS
 > Nikkei edges down after 5-yr high; Fast Retailing falls 
 > Wall St gains for 4th day, but weak tech hurts Nasdaq  
 > U.S. bond prices rise, though Japanese bids elusive   
 > USD bulls frustrated by 100 yen barrier; NZD shines  
 > Gold rebounds from 1-week low as dollar slips        
 > Oil settles lower as demand view dims, inventory rises 
 > 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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    Front Page         Asian companies 
    U.S. company News European companies 
    Forex news          Global Economy 
    Tech, Media and Telecoms 
    Financials          General/political 
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