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Singapore Stocks-Set to open lower, Wall St weighs
June 1, 2012 / 12:10 AM / 5 years ago

Singapore Stocks-Set to open lower, Wall St weighs

Singapore shares are likely to open down on Friday, following
losses on Wall Street overnight on disappointing U.S. economic
data and a worsening euro zone debt crisis. 	
                                                                         
 ----------------------MARKET SNAPSHOT @ 0000 GMT ------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1310.33     -0.23%    -2.990
 USD/JPY                          78.53        0.23%     0.180
 10-YR US TSY YLD                 1.5696          --     0.007
 SPOT GOLD                        1559.15     -0.23%    -3.550
 US CRUDE                         86.55        0.02%     0.020
 DOW JONES                        12393.45    -0.21%    -26.41
 ASIA ADRS                        111.50       0.01%      0.01
 -------------------------------------------------------------           
 
     	
> Wall St closes dire month with a whimper               	
> Jittery investors chase US bond yields to record low  	
> European fiscal woes sink euro against dollar, yen   	
> Gold posts 6 pct loss in May despite daily gain      	
> Oil ends with biggest monthly loss since Dec '08      	
         	
    Stocks and factors to watch: 	
    -- KEPPEL CORP LTD 	
    - Keppel, the world's largest rigbuilder, said it has won a
contract from a subsidiary of A.P. Moller-Maersk A/S to build a
jackup rig worth about $560 million. 	
    	
    -- DBS GROUP HOLDINGS LTD 	
    - Indonesia's central bank said it plans to cap single
ownership in the country's banks at 40 percent for new
investment, a rule that would scupper a $7.3 billion bid by
Singapore's DBS for Bank Danamon, Asia's
fourth-largest banking deal. 	
      	
    - Singapore's benchmark Straits Times Index fell
0.41 percent on Thursday to 2,772.54 points. 	
    - The Dow Jones industrial average lost 0.21 percent
to 12,393.45. The Standard & Poor's 500 Index retreated
0.23 percent to 1,310.33. The Nasdaq Composite Index 
dropped 0.35 percent to 2,827.34. 	
    	
    ASIA-PACIFIC STOCK MARKETS: 	
    Japan             S.Korea       China   	
    Hong Kong        Taiwan        SE Asia 	
    Australia/NZ     India      	
    	
    OTHER MARKETS: 	
    Wall Street       Gold         Currency  	
    Eurostocks       Oil           JP bonds  	
    ADR Report      LME metals  US bonds  	
         	
    STOCKS NEWS US, Europe, Asia: 	
      	
    DIARIES & DATA: 	
    IPO diary & data 	
       U.S. earnings diary 	
      Singapore diary 	
         Eurostocks Week Ahead 	
     Asia earnings diary 	
      European diary 	
    Wall Street Week Ahead 	
    TOP NEWS: 	
      Asian companies       U.S. company
News 	
      European companies    Forex news 	
    Global Economy       Technology 	
    Telecoms            Media news 	
      Banking news           
General/political 	
    Asia Macro 	
    A multimedia version of Reuters Top News is available at: 	
    topnews.session.rservices.com 	
    LIVE PRICES & DATA: 	
    World Stocks        Currency rates  	
    Dow Jones/NASDAQ  Nikkei 	
    FTSE 100 Debt  	
    (Local currency) LME price overview 	
	
 (Reporting by Charmian Kok; Editing by Richard Pullin)

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