Singapore Hot Stocks- Wilmar, NOL in focus on earnings
SINGAPORE, May 13 (Reuters) - Wilmar International
(WLIL.SI), the world's largest palm oil firm, may be in focus
on Wednesday after its first quarter net profit rose 11 percent
and it said it may list its China operations.
The Dow rose on Tuesday as investors scooped up defensive
shares, including Pfizer (PFE.N), while energy companies'
stocks climbed as oil hit a six-month high.
----------------------MARKET SNAPSHOT @ 0007 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG S&P 500 .SPX 908.35 -0.1% -0.890 USD/JPY JPY= 96.23 -0.12% -0.120 10-YR US TSY YLD US10YT=RR 3.1875 -- 0.009 SPOT GOLD XAU= 925.1 0.35% 3.250 US CRUDE CLc1 59.54 1.17% 0.690 DOW JONES .DJI 8469.11 0.60% 50.34 ASIA ADRS .BKAS 107.77 0.07% 0.08 ------------------------------------------------------------- > Pfizer, Coke lift Dow, but Nasdaq off; Intel up late [.N] > Dollar falls to 4-month low as risk aversion eases [USD/] > TREASURIES-Holding firm on supply relief [US/] > Gold rises 1 pct on weak dollar, US trade gap [GOL/] > Oil hits 6-month high on economic recovery bets [O/R]
Stocks and factors to watch:
-- WILMAR INTERNATIONAL (WLIL.SI)
- Wilmar International, the world's largest palm oil firm, posted on Wednesday an 11 percent rise in its first-quarter net profit as higher processing and trading margins offset a decline in palm oil prices. [ID:nSP404727]
-- NEPTUNE ORIENT LINES (NEPS.SI)
- Singapore container shipper Neptune Orient Lines reported on Tuesday a worse-than-expected loss in the first quarter following a slump in cargo volumes due to the global economic downturn. [ID:nSGC001134]
-- SEMBCORP INDUSTRIES LTD (SCIL.SI)
- Sembcorp Industries Ltd posted an 8.6 percent increase in first quarter profit to S$133.6 million, boosted by its rig building and ship repair businesses.[ID:nSN5C80541]
--UOL GROUP LIMITED (UTOS.SI)
- Property firm UOL Group's first quarter profit jumped almost eight times to S$331.8 million, largely from property developments and property investments. [ID:nSN5C41501]
- Singapore's benchmark Straits Times Index .FTSTI rose 0.56 percent to 2178.13 points on Tuesday.
- The Dow Jones Industrial Average .DJI rose 0.6 percent to 8469.11 points. The Nasdaq Composite Index .IXIC was down by 0.88 percent to 1715.92 points.
(Reporting by Candida Ng; Editing by Saeed Azhar)
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