Singapore Hot Stocks-Financials, oil plays in focus

SINGAPORE, Oct 28 (Reuters) - Financials and commodity
stocks such as OCBC (OCBC.SI) and Noble Group (NOBG.SI) are
likely to be in focus on Thursday, after world stocks slipped
on economic worries and as oil prices slid.

U.S. stocks tumbled in a broad sell-off on Wednesday,
sending the benchmark S&P lower for a fourth straight day,
after weak data on new home sales heightened concerns about the
pace of the economic reovery.

----------------------MARKET SNAPSHOT @ 0029 GMT
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INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1042.63 -1.95% -20.780
USD/JPY JPY= 90.5 -0.15% -0.140
10-YR US TSY YLD US10YT=RR 3.4017 -- -0.013
SPOT GOLD XAU= 1029.2 0.23% 2.350
US CRUDE CLc1 77.06 -0.52% -0.410
DOW JONES .DJI 9762.69 -1.21% -119.48
ASIA ADRS .BKAS 118.86 -2.92% -3.58
-------------------------------------------------------------
> Wall St tumbles on recovery woes, S&P sheds Oct gain [.N]
> U.S. dollar, yen firm as high-yielders sold off [USD/]
> Bonds climbs as housing data raises recovery doubt [US/]
> Gold falls below $1,030/oz as dollar recovers [GOL/]
> Oil falls $2 on U.S. gasoline stock build [O/R]

Stocks and factors to watch:

-- OCBC (OCBC.SI)

- Bank of America-Merrill Lynch rated OCBC, Singapore's
second biggest lender, a "buy" after it reported a surprise 12
percent increase in third quarter profits on Wednesday.

-- OSIM INTERNATIONAL (OSIL.SI)

- Massage chair maker OSIM reported on Wednesday a S$7
million net profit in the third quarter, versus a S$7 million
net loss a year earlier, on stronger sales coming after the
launch of new products.

-- SWISSCO INTERNATIONAL SWIS.CO

- Swissco, an energy marine services firm, said on
Wednesday that controlling shareholder Yeo Holdings has
proposed selling its entire 54.75 percent stake to C20 Holdings
[ID:nSNAS81202].

-- STARHILL GLOBAL REIT INVESTMENT TRUST (STHL.SI)

- Starhill reported on Wednesday that third quarter
distributable income rose 7.8 percent from a year ago, while
distribution per unit rose 6.7 percent to 0.95 cents per unit.

-- FASTECH SYNERGY (FTSY.SI)

- Fastech, a manufacturer of products in the semiconductor
and microwave industries, reported on Wednesday a 70 percent
drop in third quarter profit, and said the financial crisis may
continue to have an adverse impact on the firm's business.

-- CHINA ANIMAL HEALTHCARE (CAHC.SI)

- China Animal Healthcare, a maker of animal drugs,
reported on Wednesday a 25 percent rise in third quarter net
profit, on higher sales as poultry breeding recovered after
bird flu worries and as pork prices rebounded from being hit by
H1N1 fears.

- Singapore's benchmark Straits Times Index .FTSTI fell
1.69 percent to 2,648.98 points on Tuesday.

- The Dow Jones Industrial Average .DJI fell 1.21 percent
to 9,762.69 points while the Nasdaq Composite .IXIC declined
2.67 percent to 2,059.61 points.
(Editing by Neil Chatterjee)