Singapore Hot Stocks-CitiDev, Hyflux in focus

SINGAPORE, Feb 26 (Reuters) - City Developments (CityDev)
and Hyflux may be in focus on Thursday after CityDev posted a
20 percent fall in full-year net profit, while water treatment
firm Hyflux said its sales of industrial products were likely
to be flat to negative this year.

U.S. stocks fell on Wednesday after U.S. President Barack
Obama warned of stricter oversight for Wall Street, raising the
specter of greater regulation that investors fear could sap
profits. ----------------------MARKET SNAPSHOT @ 0009 GMT
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INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 764.9 -1.07% -8.240
USD/JPY JPY= 97.39 0.01% 0.010
10-YR US TSY YLD US10YT=RR 2.9337 -- 0.002
SPOT GOLD XAU= 951.1 -0.11% -1.000
US CRUDE CLc1 42.55 0.12% 0.060
DOW JONES .DJI 7270.89 -1.09% -80.05
ASIA ADRS .BKAS 80.95 -1.32% -1.08
------------------------------------------------------------- >
Wall Street sinks as Obama warns of oversight [.N] >
Dollar gains broadly as risk aversion remains high [USD/] >
Bonds fall as stocks pare losses, supply weighs [US/] >
Gold drops below $950/oz, volatility seen [GOL/] >
Oil jumps 6 percent on U.S. gasoline stock draw [O/R]

Stocks and factors to watch:

-- CITY DEVELOPMENTS (CTDM.SI)

- City Developments (CityDev), Singapore's second largest
property developer, posted a 20 percent fall in full-year net
profit as home sales fell and earnings from its hotel
operations weakened. [ID:nSP341136]

-- HYFLUX (HYFL.SI)

- Singapore water treatment firm Hyflux said its sales of
industrial products were likely to be flat to negative this
year, but it saw no cancellations in its S$1.15 billion
orderbook for water plants. [ID:nSP129646]

-- YANLORD LAND (YNLG.SI)

- Yanlord Land said fourth-quarter profit fell 32 percent,
mainly due to a more even delivery of apartment units in 2008
as compared to its corresponding results in the previous year.
The company's full-year profit rose 2 percent. [ID:nSN2Q90031]

-- BANYAN TREE (BANY.SI)

- Resort, hotel and spa company Banyan Tree posted a
fourth-quarter loss of S$7 million ($4.58 million) and
full-year profits tumbled by 91 percent as people cut back on
travel amid political turmoil in Thailand and the global
economic downturn. [ID:nSN2P42222]

- Singapore's benchmark Straits Times Index .FTSTI rose
0.15 percent to 1,616.79 points on Tuesday.

- The Dow Jones Industrial Average .DJI fell 1.09 percent
to 7,270.89 points. The Nasdaq Composite Index .IXIC was down
by 1.14 percent to 1,425.43 points.

(Reporting by Laurence Tan; Editing by Kim Coghill)