Singapore Hot Stocks-CapitaLand in focus on 25 bln yuan credit

Sun Jun 7, 2009 8:19pm EDT
 
[-] Text [+]
 SINGAPORE, June 8 (Reuters) - CapitaLand (CATL.SI),
Southeast Asia's biggest developer, may be in focus on Monday
after it said it has agreements to get a "credit limit
allocation" of up to 25 billion yuan ($3.7 billion) to fund its
China projects.
 U.S. stocks flip-flopped throughout Friday's session, with
the major indexes ending split as investors paused to consider
conflicting signals in monthly U.S. jobs data.
----------------------MARKET SNAPSHOT @ 2355 GMT ------------
                 INSTRUMENT   LAST       PCT CHG   NET CHG
S&P 500             .SPX       940.09      -0.25%    -2.370
USD/JPY             JPY=       98.59        0.02%     0.020
10-YR US TSY YLD    US10YT=RR  3.8398          --     0.000
SPOT GOLD           XAU=       955.9        0.06%     0.600
US CRUDE            CLc1       68.12       -0.47%    -0.320
DOW JONES           .DJI       8763.13      0.15%     12.89
ASIA ADRS           .BKAS      112.54       0.21%      0.24
------------------------------------------------------------- 
> Wall St ends mixed after U.S. jobless rate jumps         [.N]
> Dollar gains, cheered by U.S. jobs report              [USD/]
> Bonds tumble as jobs data ignite rate-hike fear         [US/]
> Gold falls toward $950/oz on dollar rally              [GOL/]
> Oil falls after touching 7-month high over $70          [O/R]
 Stocks and factors to watch:
 -- CAPITALAND (CATL.SI)
 - CapitaLand (CATL.SI), Southeast Asia's biggest developer,
said on Monday it has signed cooperation agreements to get a
"credit limit allocation" of up to 25 billion yuan ($3.7
billion) to fund its China projects. [ID:nSGC001172].
 -- SEMBCORP MARINE (SCMN.SI)
 - Sembcorp Marine, the world's second-biggest offshore
rig-maker, said on Friday it had settled disputes with
bondholders of Norsk Tillitsman and PetroRig1, the special
purpose vehicle of Norway's PetroMENA (PMENA.OL).
[ID:nSGC001171]
 -- KEPPEL LAND (KLAN.SI)
 -  Singapore's Keppel Land raised S$708 million ($490
million) in a rights share issue after it was fully subscribed,
according to a term sheet. [ID:nSIN454604]
 - Singapore's benchmark Straits Times Index .FTSTI gained
1.42 percent to 2,396.35 points on Friday.
 - The Dow Jones Industrial Average .DJI was up 0.15
percent to 8,763.13 points. The Nasdaq Composite Index .IXIC
fell  0.03 percent to 1,849.42 points.
 (Reporting by Eveline Danubrata; Editing by Kevin Lim)















































 

Featured Broker sponsored link