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This blog is mainly for the convenience of archiving my investing thoughts and notes, and sharing with my close kakis. Hope you enjoy and participate in this sharing of notes and comments. Let's profit together from the bull ride as well as from mitigating the bear.

Tuesday, March 1, 2011

Market Update Mar 2011

Market Update Mar 2011

04-04-2011 08:02:13
April 4 (Reuters) - Singapore stocks are likely to open higher as strong U.S. jobs data is set to provide fresh momentum to Asian equity and commodity markets in the new quarter.

Singapore's Keppel Corp , the world's largest oil rig builder, may be in focus after it said that Jasper Investments had exercised an option to order a second jackup rig worth $180 million.

---MARKET SNAPSHOT @ 2349 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1332.41 0.5% 6.580 USD/JPY 84.26 0.14% 0.120 10-YR US TSY YLD 3.4496 -- 0.000 SPOT GOLD 1430.29 0.16% 2.310 US CRUDE 108.37 0.40% 0.430 DOW JONES <.DJI> 12376.72 0.46% 56.99 ASIA ADRS <.BKAS> 140.30 0.72% 1.00 -------------------------------------------------------------

> Wall St gains on job growth; earnings next hurdle [.N] > U.S. rates markets will focus on ECB decision [US/] > Euro extends gains; yen broadly weaker [USD/] > Gold slips on U.S. jobs data, Fed eyed [GOL/] > Oil rises to 2-1/2 yr peak on job rise, supply fear

Stocks and factors to watch: -

- CITYSPRING INFRASTRUCTURE TRUST - Au Yeung Fai, chief executive officer and executive director of CitySpring Infrastructure Management, which is the trustee manager, had resigned, CitySpring trust said in a statement. Chief Financial Officer Tong Yew Heng will be appointed acting CEO of the trustee manager.

-- PARKWAY LIFE REIT - which invests in healthcare assets, said on Friday that all of its 30 properties in Japan have not been structurally affected and continue to be in operation.

- Singapore-listed medical equipment firm LMA International said on Monday it had acquired Vitaid Ltd, a Canadian distributor of medical devices, for C$1.53 million ($1.6 million) as initial payment and then two deferred payments.

- Singapore's Ezion Holdings, which provides services to the offshore oil and gas industries, requested a trading halt on Monday pending announcement.

- Singapore's benchmark Straits Times Index <.FTSTI> rose 0.47 percent on Friday to 3,120.47 points.

- The Dow Jones industrial average <.DJI> gained 0.46 percent to finish at 12,376.72. The Standard & Poor's 500 Index <.SPX> advanced 0.50 percent to 1,332.41. The Nasdaq Composite Index <.IXIC> was 0.31 percent higher at 2,789.60.


31-03-2011 08:45:18 (tradingCentral.com)
Fraser & Neave ST: our next up target stands at 6.62
Click here to see our chart:
http://www.tradingcentral.com/chart/FNNSGD110331024342.gif

Our pivot point stands at 5.54. Our preference: our next up target stands at 6.62.

Comment: the RSI is above its neutrality area at 50. The MACD is negative andabove its signal line. The MACD must break above its zero level to triggerfurther gains. Moreover, the stock is trading above both its 20 and 50 day MA(standing respectively at 5.64 and 5.93).

Supports and resistances: 6.83 *6.62 **6.415.93 last5.685.54 **5.2 *5.-------------

31-03-2011 08:23:28
Singapore May rise on strong US data; Sembcorp Marine, Infinio in focus

Mar 31 (Reuters) - Singapore shares are set to climb higher on Thursday following gains in U.S. equity markets overnight, as strong data helped boost confidence that the global economic outlook is improving.

Sembcorp Marine may be in focus after it said its unit Sembawang Shipyard signed a long-term alliance contract with Canada's Teekay Marine Services to provide ship-repair, refurbishment and marine services for its ships.

---MARKET SNAPSHOT @ 0007 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1328.26 0.67% 8.820 USD/JPY 83.13 0.28% 0.230 10-YR US TSY YLD 3.4386 -- -0.006 SPOT GOLD 1421.45 -0.14% -1.930 US CRUDE 104.35 0.08% 0.080 DOW JONES <.DJI> 12350.61 0.58% 71.60 ASIA ADRS <.BKAS> 139.37 1.18% 1.63 -------------------------------------------------------------

> Wall St rides winners as quarter winds down. Treasury yields likely stable ahead of payrolls

> Euro gains on interest rate outlook, yen struggles. Gold rises along with equities, risk appetite up. Oil slips on inventory rise, supply threats support.

Stocks and factors to watch: -

- INFINIO GROUP - Technology firm Infinio Group said it will acquire agriculture firm Ephraim in a reverse takeover deal worth S$381 million, after which Ephraim will own 93 percent of Infinio.

- ASCENDAS REAL ESTATE INVESTMENT TRUST - said it has agreed to buy a commercial property in Singapore for S$125.6 million. It also said its overall portfolio saw a revaluation gain of S$307.6 million.

- RAMBA ENERGY - Oil and gas firm Ramba Energy said on Wednesday it had won a marine logistics services contract worth about S$10 million to support the installation of an offshore gas processing platform in Southeast Asia.

- TIANJIN ZHONG XIN PHARMACEUTICAL - said its full year net profit rose 9 percent to 293.3 million yuan from 269.7 million yuan a year earlier, helped by higher sales from its industrial and commercial businesses.

- SAIZEN REIT -has agreed to sell a property with residential and commercial units in Japan to a private investor for 201 million yen ($2.4 million).

- Singapore's Straits Times Index gained 1.26 percent on Wednesday to 3,095.32 points. The Dow Jones industrial average <.DJI> rose 0.58 percent to 12,350.61. The Standard & Poor's 500 Index <.SPX> climbed 0.67 percent to 1,328.26. The Nasdaq Composite Index rose 0.72 percent to 2,776.79.


30 March 2011

Tuesday, 29 March 2011 08:08

(Reuters) Singapore shares may open lower on Tuesday, weighed by losses on Wall Street overnight, as concerns about Japan’s nuclear crisis and unrest in the Middle East keep investors on the sidelines. Singapore’s benchmark Straits Times Index fell 0.44% on Monday to 3,057.38 points. Here are some stocks and factors to watch:

Singapore’s Sembcorp Marine (SCMN.SI), the world’s second largest rig builder, may be in focus after it said its Jurong Shipyard unit has signed two contracts worth a total of $427.6 million ($540 million) to build two jackup rigs for Noble Corp (NE.N).

Property developers: Singapore home prices have stabilised since the government introduced new measures to cool the market in January, the Straits Times reported, citing reports from the National University of Singapore, CB Richard Ellis and DTZ. The exception was freehold landed homes in prime areas, whose prices rose 2.2% during the first quarter, according to DTZ.

Mar 28:
28-03-2011 14:04:14
Singapore Hot Stocks-CapitaMalls Asia down after dual listing plans
(Reuters) - Shares of Singapore's shopping mall developer CapitaMalls Asia fell as much as 2.8 percent on Monday as investors took profit on news it was planning to seek a secondary listing in Hong Kong, traders said.

CapitaMalls Asia said on Monday it is planning to dual list in Hong Kong to bolster its expansion plans in China, but sees no immediate need to raise fresh capital. "There's some profit-taking after the news was announced as its shares had already risen quite a bit on Friday. Weaker overall market conditions have also hurt its sentiment, although this dual listing plan is positive for the company," said a local trader.


March 25 Weekend Review
The STI at 3,070 is a shade below its 200-day moving average of 3,076 which is still rising. Immediate support is at the psychological 3,000 level.

25-03-2011 10:20:08
Singapore Hot Stocks-F&N up on hospitality arm's expansion plan
March 25 (Reuters) - Shares of Fraser and Neave rose as much as 2.7 percent on Friday after it said its serviced residences arm will add 25 new properties over the next two years. At 0214 GMT, F&N shares were up 2.5 percent at S$5.70 on a volume of 1.3 million shares.

"The company is increasing its investment in the hospitality arm and this may translate into higher earnings," said a trader at a Singapore brokerage firm.

25-03-2011 08:41:39
March 25 (Reuters) - Singapore stocks may open higher on Friday as global markets gained amid improved appetite for risk. ST Engineering may be in focus after it said Louis Dreyfus Armateurs (LDA) had asked the Singapore firm's marine arm, ST Marine, to refund around S$129 million ($102.3 million) plus interest following LDA's second termination notice of a shipbuilding contract for a passenger ferry.

--MARKET SNAPSHOT @ 2357 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1309.66 0.93% 12.120 USD/JPY 81.01 0.04% 0.030 10-YR US TSY YLD 3.4074 -- 0.000 SPOT GOLD 1431.19 0.12% 1.700 US CRUDE 105.39 -0.20% -0.210 DOW JONES <.DJI> 12170.56 0.70% 84.54 ASIA ADRS <.BKAS> 138.95 0.56% 0.77 ------------------------------------------------------------- > Earnings hope lifts stocks, S&P above key resistance [.N] > Traders poised to cash in on curve-flatteners [US/] > EU summit optimism pushes euro higher vs dollar [USD/] > Gold retreats after record on technical selling [GOL/] > Oil steady, market eyes Libya, Mideast .

Stocks and factors to watch: -

- FRASER AND NEAVE - Fraser and Neave, a Singapore-listed consumer and property conglomerate, said on Thursday its hospitality arm will add 25 new properties, bringing the portfolio under its management to 64 properties across 37 cities, by the end of 2012.

- CHINA GAOXIAN - Singapore-listed Chinese textile supplier China Gaoxian said on Thursday its auditors could not verify nor confirm the bank balances in its subsidiaries. The firm has requested a trading suspension with effect from Friday.

- UNIONMET (SINGAPORE) - Singapore-listed metals trader Unionmet said on Thursday it will report a loss for the first quarter ended Feb 28, 2011, mainly due to lower sales of indium and zinc related products.

- Straits Times Index <.FTSTI> rose 0.69 percent on Thursday to 3,043.03 points. The Dow Jones industrial average <.DJI> gained 0.70 percent to finish at 12,170.56. The Standard & Poor's 500 Index <.SPX> advanced 0.93 percent to 1,309.66. The Nasdaq Composite Index <.IXIC> was 1.41 percent higher at 2,736.42.

22 Mar:
SGX: Shares rise after media reports on merger. Singapore Exchange (SGX) shares rose 4% following media reports that the Australian government was expected to reject the proposed merger between the Australian Stock Exchnage (ASX) and SGX. The S$10.7b deal is currently under review by the Foreign Investment Review Board (FIRB), following which backing from Australia's Treasurer Wayne Swan and the Reserve Bank of Australia and parliamentary approval have to be secured. (Source: The Business Times)

22-03-2011 07:53:36
Singapore Stocks-May rise on US, Japan; Sembcorp Marine in focus

Mar 22 (Reuters) - Singapore shares are likely to rise on Tuesday following gains on Wall Street overnight and as reports that Japan was regaining control of a crippled nuclear plant boost risk appetite.

Sembcorp Marine , the world's second largest oil rig builder, may be in focus after it said on Monday its subsidiary Jurong Shipyard had secured an order worth $450 million from Seadrill to build a jack-up rig.

---MARKET SNAPSHOT @ 2348 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1298.38 1.5% 19.180 USD/JPY 81.25 0.16% 0.130 10-YR US TSY YLD 3.3263 -- 0.000, SPOT GOLD 1426.5 0.10% 1.450, US CRUDE 102.47 0.14% 0.140, DOW JONES <.DJI> 12036.53 1.50% 178.01 ASIA ADRS <.BKAS> 137.65 1.89% 2.55 -------------------------------------------------------------

> AT&T's big deal lifts Wall Street [.N] > Treasury traders not yet willing to take bold stand [US/] > Dollar on the skids; intervention risks curb yen [USD/]

> Gold gains on dollar drop, oil rise, geopolitics [GOL/] > Oil lifted by Mideast unrest, Libya conflict

>Stocks and factors to watch: -

- NOBLE GROUP - Singapore-listed Hong Kong commodities firm Noble Group said on Monday its founder and non-executive chairman Richard Elman will become chairman and executive director with immediate effect.

- K-REIT ASIA - a unit of property developer Keppel Land , said on Monday it plans to acquire four office levels in the city-state's Prudential Tower for around S$125.1 million ($98 million).

- MAPLETREE COMMERCIAL REIT - said it is not at a stage of making any announcement about its planned commercial property trust that is expected to raise about S$1 billion ($785 million), in yet another sign that the IPO market has stalled.

- Singapore's benchmark Straits Times Index <.FTSTI> rose 1.63 percent on Monday to 2,983.51 points.

-The Dow Jones industrial average <.DJI> gained 1.5 percent to 12,036.53. The Standard & Poor's 500 Index <.SPX> rose 1.5 percent to 1,298.38. The Nasdaq Composite Index <.IXIC> climbed 1.83 percent to 2,692.09.

17-03-2011 18:06:12
SE Asia Stocks-Lower due to Japanese crisis but volume light - as Japanese nuclear fears grow. Major indexes retreat after Wednesday's mild rebound.

BANGKOK, March 17 (Reuters) - Southeast Asian stock markets pulled lower in light volume on Thursday as investors sold across the board in response to Japan's worsening nuclear crisis.

Unrest in the Middle East and weak U.S. housing data added to worries about the global economy after the earthquake that hit Japan last week, damaging a nuclear power plant in Fukushima, north of Tokyo.

Turnover in most of the region's markets fell below the 30-day average, with Malaysia and Thailand trading at just two-thirds of their average .

"The weak sentiment today was more of a psychological effect of the Japanese nuclear crisis. Fundamentally, the potential impact could be quite limited to certain sectors. Above all, we think it's an opportunity to pick blue chips," said a head of investment advisory at broker Thanachart Securities.

The unfolding disaster in Japan has sent fear through markets. Shares in Japan and elsewhere in Asia fell on Thursday after U.S. officials said the risk of a catastrophic radiation leak from the nuclear plant was rising.

The MSCI index of Asia Pacific shares outside Japan was down 0.8 percent by 0907 GMT and the MSCI index of emerging market stocks <.MSCIEF> 0.63 percent. Indexes in Singapore <.FTSTI>, Malaysia <.KLSE>, Thailand <.SETI> and Indonesia <.JKSE> reversed Wednesday's gains.

>Singapore Telecommunications dropped 2.1 percent and CapitaLand lost 1.6 percent among weak blue chips.

- Analysts attributed the bearish sentiment in Singapore to weak U.S. housing data, with housing starts tumbling 22.5 percent last month to an annual rate of 479,000 units, just shy of a record low set in April 2009 and way below economists' expectations for 570,000 units.


17-03-2011 08:04:12
March 17 (Reuters) - Singapore stocks may skid lower on Thursday after Australian shares dropped 1.5 percent as fears about Japan's nuclear crisis undermine investor confidence, adding to worries arising from the escalating turmoil in Libya and Bahrain.

+) Citigroup said the immediate reaction of the Japanese stock market may be overdone, adding that it remains overweight on Japanese equities due to low valuations and prospects for future recovery.

---MARKET SNAPSHOT @ 2355 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1256.88 -1.95% -24.990 USD/JPY 79.16 1.93% 1.500 10-YR US TSY YLD 3.2044 -- 0.000 SPOT GOLD 1387.59 -0.84% -11.710 US CRUDE 97.27 -0.72% -0.690 DOW JONES <.DJI> 11613.30 -2.04% -242.12 ASIA ADRS <.BKAS> 131.04 -2.70% -3.64 -------------------------------------------------------------

> S&P, Nasdaq negative for 2011 on Japan nuclear fears [.N] > Japan's nuclear crisis fuels bids for US bonds [US/] > Yen surges to all-time high in chaotic trade [USD/] > Gold rises but Wall St sell-off, Japan weigh [GOL/] > Oil rises 2 pct on Mideast fears, eyes Japan [O/R]

>Stocks and factors to watch: -

- ABTERRA - Singapore-listed coal and iron ore trader Abterra said on Wednesday it plans to acquire a 55.22 percent stake in Zuoquan Xinrui Metallurgy Mine, which produces iron ore, for 883.52 million yuan ($134.4 million).

- BOUSTEAD SINGAPORE - Boustead Singapore, which provides engineering services and develops industrial facilities, said on Wednesday its subsidiary had won a S$55 million ($42.9 million) contract from SDV Logistics for a logistics facility in the city state.

- OCEANUS GROUP - Singapore abalone breeding firm Oceanus said on Wednesday it had appointed Yap Siew Khim as its chief financial officer. She was the CFO of Springboard-Harper Investment, a Singapore-based venture capital fund.

- FASTUBE LIMITED - Steel pipes firm Fastube said on Wednesday it plans a S$146 million reverse takeover deal with Atlantic Navigation Holdings, which provides services to the offshore industry.

- Straits Times Index <.FTSTI> rose 0.85 percent on Wednesday to 2,971.00 points. Dow Jones industrial average <.DJI> fell 2.04 percent to finish at 11,613.30. The Standard & Poor's 500 Index <.SPX> retreated 1.95 percent to 1,256.88. The Nasdaq Composite Index <.IXIC> lost 1.89 percent to 2,616.82.

16 Mar 2011 03:59 AM PDT

Crude Palm Oil Off Lows As Regional Equities, Commodities Rebound

Crude palm oil futures on Malaysia’s derivatives exchange ended off lows Wednesday as regional equities and e-CBOT soyoil rebounded from losses on geopolitical risks related to tensions in the Middle East and Japan’s earthquake. Improving sentiment may bring spillover buying interest in palm oil because the discount to rival soyoil has widened to $96 a [...]

16Mar Corporate News



Straits Times Index


FSSTI index slumps 2.8% on Japan’s nuclear fallout - to 2,946.1 after the situation in Japan’s Fukushima Daiichi nuclear reactor spiralled out of control.

Keppel Corp announced that Japan Drilling Co. ordered a drilling rig to be delivered in Mar 13, with the contract amounting to US$210m. The broader market saw 59 gainers and 610 losers, with trading value of S$2.42b.

The US markets also closed weaker amid the disaster in Japan with the DJIA down 1.2% to 11,855.4 and the S&P 500 index down 1.1% to 1,281.9. General Electric fell 1.6% over concerns about the company’s involvement in the design of the Fukushima Daiichi reactors. Economic news showed that New York manufacturing activity continued to expand in March, with more businesses raising prices in the face of mounting inflationary pressures.


Keppel Corp: Subsidiary wins US$210 deal. Keppel Fels, has bagged a US$210m contract to build a KFELS Super B Class jack-up rig for Japan Drilling Company. The rig is scheduled for delivery in the first quarter of 2013. This contract is not expected to have any material impact on the net tangible assets or earnings per share for the current financial year. (Source: The Business Times)

Keppel Land: Bids highest for Sengkang site. Keppel Land is close to snagging a private condominium site by putting in the highest bid of S$286.8m or S$502 psf ppr when the tender closed yesterday. The bid narrowly beat a bid from a consortium formed by a unit of City Developments Ltd, a unit of Singapore’s Hong Leong Group and TID Residential Pte Ltd. The consortium’s bid was S$274.4m or S$480 psf ppr, 4.3% less than Keppel Land’s. (Source: The Business Times)

3月 16日 星期三 雅虎香港
市前分析 (鄺民彬): 受日本核洩危機加劇影響,港股週二急挫667點

市場憂慮日本核洩危機加劇,令外圍股市氣氛急轉直下,日本股市急挫10.6%,拖累港股週二出現恐慌性拋售,恒指最多急挫逾1,000點,尾市跌幅 收窄,全日收報22,678點,挫667點;國指跌330點,收報12,551點。大市成交額急升至1,093億元。日本核洩危機擴大,市場追捧核電以外 的新能源股,其中,風電板塊受追捧,金風科技(2208)大升9.4%。保險股因大地震事故需作出賠償,表現疲弱,保誠(2378)及宏利(0945)分別跌3.6%及5.2%。平安保險(2318)突然配股集資194.5億元予單一股東,股價急挫6.1%。

美股跌幅收窄

日本地震所觸發的核幅射危機,拖累美股早段急跌,道指週二初段曾下跌近300點。不過,聯儲局議後聲明,對未來美國經濟前景表示樂觀,支持美股跌幅 收窄。道指和納指分別下跌138點(至11,855點)和34點(至2,667點)。另一方面,商品價格下跌,油價和金價分別下挫4%和2%。

預期恆指今天將於22,400點-22,900點之間上落


【13:00】2011年03月15日半日港股:內銀石油股領跌 地產股災情重
【on.cc 專訊】日本輻射危機擴大,引發市場恐慌性拋售。承接日股跌勢,港股低開235點後跌幅擴大。踏入10時基金大舉拋售藍籌股,恆生指數在一小時內急瀉過千 點,中午收市報22,449點,跌896點,跌幅3.84%。國企指數半日收報12,369點,跌513點,跌幅3.98%。主板半日成交增至609億 元。

藍籌股全線下跌,匯控(00005)中午收市報80.85元,跌2.59%,已算跑贏大市;另一重磅股中移(00941)半日收報71.55元,跌3.7%,合共拖低恆指151點。明日公布業的騰訊(00700)亦捱沽,半日收報211元,跌5.8%,拖低恆指50點。平保(02318)以折讓12%的作價配售H股予周大福,今早復牌急跌6.67%,半日收報76.25元,跌6.67%,是表現最差的藍籌股。

拖低大市的還有內銀股及石油股,工行(01398)半日收報5.95元,跌3.88%;交行(03328)半日收報7.61元,跌3.67%;中行(03988)半日收報4.02元,跌3.6%;建行(00939)半日收報6.88元,跌3.1%,合共拖低恆指149點。中石油(00857)半日收報10.28元,跌4.99%;中海油(00883)半日收報17.16元,跌4.13%;中石化(00386)半日收報7.65元,跌3.65%,合共拖低恆指113點

地產股災情亦嚴重,恆隆(00101)半日收報30.55元,跌6.57%;恒地(00012)半日收報46.25元,跌5.32%;信置(00083)半日收報13.08元,跌4.11%;新地(00016)半日收報117.2元,跌4.56%;長實(00001)半日收報117.6元,跌3.92%。

憂慮日本進口汽車零件缺貨,汽車股捱沽。比亞迪(01211)半日收報31.6元,跌8.67%;東風(00489)半日收報12.9元,跌4.16%;廣汽(02238)半日收報9.21元,跌6.02%;吉汽(00175)半日收報2.91元,跌5.83%;長汽(02333)半日收報12.14元,跌3.8%;華晨(01114)半日收報6.26元,跌3.99%。

日本核電廠爆炸引發輻射危機,核電相關股繼續捱沽。東方電氣(01072)曾跌12%,半日收報25.7元,跌8.05%;上海電氣(02727)半日收報3.76元,跌9.83%;哈動(01133)半日收報8.96元,跌3.66%。相反風電股逆市做好,金風科技(02208)半日收報13.28元,升2.79%;龍源(00916)半日收報7.2元,升1.69%,是唯一上升的國指成分股。

15-03-2011 13:09:08

Singapore Stocks-Plunge on Japan worries. GLP, Saizen REIT shares fall around 7 pct each. Analyst says selloff offers buying opportunity

>March 15 (Reuters) - Singapore shares plunged nearly 3 percent at midday on Tuesday to their lowest level since August 2010, after a fresh explosion at Japan's quake-stricken nuclear power complex triggered a sharp sell-off in the regional stock markets.

By the midday break, STI was down 2.86 percent, or 86.76 points, at 2,944.10. The total value of shares traded in the first half of trade was S$1.56 billion, more than three times the S$494.4 million that exchanged hands by midday on Monday.

Japanese shares <.N225> slumped more than 14 percent, dragging down most other Asian markets. The MSCI index of Asia-Pacific stocks outside Japan <.MIAPJ0000PUS> retreated 3.5 percent.

There may be further downside in the afternoon, but support may kick in at around 2,900-2,915 points, said a technical analyst.

15-03-2011 08:06:52
Concern with Japan; property, resource stocks in focus
March 15 (Reuters) - Singapore stocks may open lower on Tuesday as investors remain wary of the extent of further losses resulting from Japan's deadly earthquake and tsunami as well as problems at the country's damaged nuclear facilities.

DBS Vickers said Singapore-listed property companies and trusts such as Global Logistic Properties and Fraser Commercial Trust could be hit because of their Japanese assets. But coal suppliers such as Noble Group will benefit from higher demand if Japan's nuclear power plants are incapacitated.

---MARKET SNAPSHOT @ 2346 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1296.39 -0.6% -7.890 USD/JPY 81.82 0.18% 0.150 10-YR US TSY YLD 3.3655 -- 0.000 SPOT GOLD 1425.36 -0.09% -1.290 US CRUDE 101.4 0.21% 0.210 DOW JONES <.DJI> 11993.16 -0.43% -51.24 ASIA ADRS <.BKAS> 136.17 -2.48% -3.47 -------------------------------------------------------------

> Japan hurts markets, but selling could wane. Japan disaster may not curb US government debt demand. Yen eyes record high on repatriation; FOMC ahead.

> Gold rises on Japan's crisis, FX market in focus. Oil ends flat, trade thin; Japan, Mideast eyed

Stocks and factors to watch: -

- FRASERS COMMERCIAL TRUST said on Monday that all three properties it owns in Tokyo and Osaka are intact with minimal damage, adding that the estimated cost of repairs is around S$20,000.

- Saizen REIT said on Monday all six properties in Morioka and Koriyama, and eight out of 22 in Sendai appear to have sustained minor damage and are not in imminent danger of collapse. But the firm said the full extent of the damage can only be determined after more detailed assessments.

- UNI-ASIA FINANCE CORP - Uni-Asia Finance Corporation said on Monday there have been no disruptions to the operations of its 13 hotels in Japan and none of its vessels was stationed at or operating near the country, except for one which is currently under construction in Onomichi, Hiroshima prefecture. - ROKKO HOLDINGS - Precision engineering firm Rokko Holdings said on Monday the disruption caused by the earthquake in Japan could affect some delivery schedules of its equipment business in the short term, but the firm has enough components and raw materials to fulfill its current orders. - CACHE LOGISTICS TRUST - which owns warehouses in Singapore, said on Monday it will acquire two properties in the city-state for around S$39.8 million ($31.4 million), which will raise its total assets under management to S$783.9 million.

>Straits Times Index <.FTSTI> fell 0.41 percent on Monday to 3,030.86 points. DJI lost 0.43 percent to finish at 11,993.16. Standard & Poor's 500 Index <.SPX> retreated 0.60 percent to 1,296.39. The Nasdaq Composite Index fell 0.54 percent to 2,700.97.


2011年3月13日: 日本地震 未震散美股, 道指倒升近60點 港股ADR幾全升
【明報專訊】日本大地震「餘波」影響美股上周五早市表現,道指早段曾經跌近50點,一度失守12000點大關,但投資者很快便在找尋災後重建概念股,在工業股及資源股尾市走高下,道指最後倒升59.79點(圖),收報12044點,港股於美國的預託證券(ADR)亦差不多全線反彈。

日 本大地震於香港時間周五下午1時45分發生,即時對亞洲股市造成龐大衝擊,日、韓及香港市場均大瀉逾1%(見圖)。然而,地震對稍後歐洲股市的影響已陸續 減少,對美股早市亦僅造成「短暫餘震」,美國三大指數最後皆轉跌為升,標普500指數升9.17點,收報1304.28點;納指升14.59點,收報 2715.61點。國會資產管理公司基金經理Peter Andersen指出,投資者並不認為地震會影響環球經濟增長,相反紛紛轉向尋找那些股份將會受惠於日本的災後重建,他預期經營重型機械公司將會是受惠板塊之一。

資金料轉投重建受惠股

周五單日升幅未能改變美股全周的跌勢,道指上周累跌逾1%,Oakbrook Investments交易主管Giri Cherukuri表示,美股今年已經累積了不少升幅,最近公布的美國貿赤超出預期,影響美股上周表現,同時顯示經濟復蘇未如市場預期般樂觀。

沙特局勢稍緩 油價回落1.5%

在美國掛牌的港股ADR差不多全線比香港收市回升,其中資源股表現最好,中石化(0386)漲1.55%,中鋁(2600)兗州煤(1171)分別升1%及1.85%。

地震除了波及股市外,亦左右商品價格走勢。由於日本是世界第三大耗油國,地震或影響當地煉油廠停產,紐約期油周五一度跌3.6%,創去年11月以來 最大單日跌幅。但收市前跌幅收窄(圖),紐約期油收報每桶101.16美元,跌1.5%。Schork Group分析員Hamza Khan表示,沙特阿伯拉政治局勢稍為緩和,亦是油價下跌的原因。


2011年3月12日 [07:05] 紐約股市反彈逾0.5%

美國紐約股市未受到日本地震的明顯衝擊,三大股指在前一交易日大跌後反彈逾0.5%。道瓊斯工業平均指數收報12044點,升60點.

10-03-2011 13:15:35
Singapore Stocks-Pulled down at midday by commodities on demand fears
* Index down 0.5 percent; 3,060-3,100 pts eyed * Passion Holdings surges on privatisation offer.
>(Reuters) - Commodity stocks dragged the Singapore market down at midday as the high oil prices fuelled worries about the global economic growth. The worst hit large cap commodity stock was Noble , which was down as much as 3 percent. A recent placement of Noble shares at a discount further accelerated the selloff.

10-03-2011 08:09:11
March 10 (Reuters) - Singapore stocks may struggle on Thursday as oil prices resumed their upward climb, raising concerns that inflationary pressures will hurt economic growth. Singapore Airlines said it was raising fuel surcharges for tickets issued on or after March 17 in response to a rise in jet fuel prices to their highest level in two years.

----MARKET SNAPSHOT @ 2349 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1320.02 -0.14% -1.800 USD/JPY 82.8 0.08% 0.070 10-YR US TSY YLD 3.4694 -- 0.000 SPOT GOLD 1430.09 0.09% 1.300 US CRUDE 104.45 0.07% 0.070 DOW JONES <.DJI> 12213.09 -0.01% -1.29 ASIA ADRS <.BKAS> 143.87 -0.48% -0.69 -------------------------------------------------------------

> Chip sector losses hit Nasdaq; IBM supports Dow. PIMCO's loss may eventually be Treasuries' gain [US/] > Euro treads water; market wary about debt issues [USD/] > Gold pares gains; Mideast, euro zone worry support [GOL/] > Brent crude rises on fierce battles in Libya

>Stocks and factors to watch: -

- CAPITALAND - said on Wednesday its subsidiaries will acquire four joint venture companies which own sites in various cities in India for around S$38.5 million ($30.4 million).

- CWT - Singapore logistics company CWT Limited said on Wednesday it had not been approached to sell its business to Glencore, the world's largest commodity trader .

- PASSION HOLDINGS - a Singapore-listed Chinese handicrafts and furnishings maker, said on Wednesday it had received an offer to take it private at S$0.26 per share from Decorative Arts Holdings.

- STAMFORD TYRES - said on Wednesday its third quarter net profit rose 25.6 percent to S$2.9 million from a year earlier mainly due to higher sales of tyres.

- Straits Times Index was down 0.35 percent on Wednesday to 3,092.90 points. The Dow Jones industrial average <.DJI> edged 0.01 percent lower to finish at 12,213.09. The Standard & Poor's 500 Index <.SPX> retreated 0.14 percent to 1,320,02. The Nasdaq Composite Index <.IXIC> fell 0.51 percent to 2,751.72.


08-03-2011 08:19:56
Singapore Stocks-May head lower amid oil jitters
Mar 8 (Reuters) - Singapore shares may open lower on Tuesday after Wall Street fell overnight as violence in Libya and uncertainty over higher oil prices are set to drive volatility in the markets in the near term. Water treatment firm Hyflux said it has been chosen as the preferred bidder to build and run the city state's largest-ever desalination plant, worth a total of S$890 million.

----MARKET SNAPSHOT @ 0005 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1310.13 -0.83% -11.020 USD/JPY 82.26 0.05% 0.040 10-YR US TSY YLD 3.5179 -- 0.002 SPOT GOLD 1430.65 -0.01% -0.090 US CRUDE 104.95 -0.46% -0.490 DOW JONES <.DJI> 12090.03 -0.66% -79.85 ASIA ADRS <.BKAS> 143.29 -1.42% -2.06 -------------------------------------------------------------

> Wall Street drops as tech teeters > Longer-dated bonds dip ahead of auctions > Euro regroups after rally stalls; dollar off lows > Gold retreats from record as oil off highs > Oil drops after early rally, Brent premium unwinds .

> DJI fell 0.66 percent to 12,090.03. The Standard & Poor's 500 Index <.SPX> retreated 0.83 percent to 1,310.13. The Nasdaq Composite Index <.IXIC> lost 1.4 percent at 2,745.63.

> Straits Times Index gained 0.17 percent on Monday at 3,066.52 points. Stocks and factors to watch:

- KEPPEL CORP - the world's largest oil-rig builder, said on Monday it has won a contract worth around $195 million from Mexico's Perforadora Central SA de CV to build a new jack-up rig.

- NEPTUNE ORIENT LINES - said on Monday its container shipping volumes for the six weeks to Feb 11 rose five percent from a year ago, helped by higher traffic on the intra-Asia and Asia-Europe routes.


07-03-2011 08:05:36
Mar 7 (Reuters) - Singapore shares may be affected on Monday as escalating violence in Libya sent oil prices higher and worries that tensions will spread to the rest of the region kept investors away from riskier assets.

Wastewater treatment firm Sinomem Technology said a private equity firm has offered to buy over the company for a total of S$351.2 million, or at S$0.70 a share.

--MARKET SNAPSHOT @ 2355 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1321.15 -0.74% -9.820 USD/JPY 82.32 0.06% 0.050 10-YR US TSY YLD 3.4937 -- 0.000 SPOT GOLD 1434.89 0.21% 2.940 US CRUDE 105.01 0.57% 0.590 DOW JONES <.DJI> 12169.88 -0.72% -88.32 ASIA ADRS <.BKAS> 145.35 -0.57% -0.83 -------------------------------------------------------------

> Wall St ends the week flat as oil prices weigh > Rates risk spike if debt sales rise before QE end > US dollar seen lower next week after jobs data > Gold gains 1 pct, silver jumps on oil rally, Libya > Oil jumps as Libya clashes intensify; Mideast worry

Stocks and factors to watch: -- PERENNIAL CHINA - Perennial China Retail Trust said on Saturday it has decided to defer its S$1.1 billion ($861 million) initial public offering in Singapore due to unfavourable market conditions.

- BEYONICS TECHNOLOGY - said it expects to report a loss for the second quarter due to a weakening U.S. dollar and lower shipments and average selling prices to its customers in the hard disk drive industry.

- Straits Times Index <.FTSTI> rose 0.79 percent on Friday to 3,061.31 points.

- The Dow Jones industrial average <.DJI> lost 0.72 percent at 12,169.88. The Standard & Poor's 500 Index <.SPX> retreated 0.74 percent to 1,321.15. The Nasdaq Composite Index fell 0.50 percent to 2,784.67.



Friday, 04 March 2011 12:02 (Dow Jones & Co)
Genting ripe to break $2.00, test $2.10
Genting Singapore (G13.SG) is up 1.0% at $1.97, (in line with the STI’s 1.2% gain) and edging close to the $2.00 level, with 33.8 million shares traded. AmFraser technical analyst N. Jarhom says for six days the stock has been below the “key $2.00 support, the longest stretch since it first touched $2.00 on September 13 last year, and with the $1.88-$1.92 support holding up well, it is about time to regain $2.00” as the support.

2011年3月4日市場展望 (cashon-line.com)
油 價顯著回落,將帶動恆指令天沖高。恆指昨天收市小幅上升73.76點,成交升至744.31億水平,反映大市氣氛疲弱。北非政局動盪舒緩,令歐洲三大股市 全線做好。美勞工以及零售服務業數劇勝預期,加上油價大幅回落,帶動美股昨晚收市大升191.4點,錄得今年最大升幅。港股預託證劵ADR亦表現良好,預 料恆生指數今天將會高開近百點。國際金價錄得六週以來最大跌幅達1.5%,顯示避險情緒降溫,資金將會抽離金市投入股市當中,投資者應及早部署短期的入市 策略。

04-03-2011 08:16:46
Mar 4 (Reuters) - Singapore shares are likely to rise on Friday following a rally on Wall Street overnight as oil prices retreated amid hopes that the Libyan crisis can be resolved.
>Noble Group may be in focus after saying that it plans to place 306.5 million shares at S$2.07 each, representing a 5 percent discount to its closing price of S$2.18 on Thursday.
---MARKET SNAPSHOT @ 2357 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1330.97 1.72% 22.530 USD/JPY 82.38 -0.04% -0.030 10-YR US TSY YLD 3.5554 -- 0.000 SPOT GOLD 1413.71 -0.13% -1.880 US CRUDE 101.83 -0.08% -0.080 DOW JONES <.DJI> 12258.20 1.59% 191.40 ASIA ADRS <.BKAS> 146.18 1.14% 1.65 -------------------------------------------------------------
> Jobs data optimism fuels Wall St rally. Strong payrolls could send rates to higher range. Euro holds huge gains.
> Gold falls 1.5 pct on ECB rate talk, peace plan; Oil falls on profit taking, Libya peace plan eyed.
> Stocks and factors to watch: -
- WILMAR INTERNATIONAL - plans to enter Indonesia's consumer flour market, possibly in 2012, which will intensify competition in the country, sources familiar with the plan told Reuters.

- HONGKONG LAND - said its full year net profit more than doubled to $4.74 billion, up from S$1.81 billion a year earlier, helped by higher contribution from residential projects and fair value gains.

- A substantial shareholder of Jackspeed, which makes leather trims for automotive seats, said it has offered to buy up the 54 percent of the company he does not already own for S$0.103 a share.

- STI rose 0.33 percent on Thursday to 3,037.35 points. The Dow Jones industrial average rose 1.59 percent to 12,258.20. The Standard & Poor's 500 Index gained 1.72 percent to 1,330.97. The Nasdaq Composite Index climbed 1.84 percent to 2,798.74.

03-03-2011 08:18:06
Concern with Middle East; Keppel, Dyna-Mac in focus
Mar 2 (Reuters) - Singapore shares could head lower on Thursday, as violence in the Middle East and higher oil prices keep investors cautious about riskier assets such as stocks and drive safe haven gold to a record high. Shares of Keppel Corp and offshore oil and gas services firm Dyna-Mac said that Keppel's offshore & marine unit has invested S$87.5 million in a 27.8 percent stake in Dyna-Mac through an equity placement.

---MARKET SNAPSHOT @ 0000 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1308.44 0.16% 2.110 USD/JPY 81.82 -0.04% -0.030 10-YR US TSY YLD 3.4715 -- 0.000 SPOT GOLD 1432.56 -0.13% -1.930 US CRUDE 102.77 0.53% 0.530 DOW JONES <.DJI> 12066.80 0.07% 8.78 ASIA ADRS <.BKAS> 144.53 0.00% 0.00 -------------------------------------------------------------

> Wall Street edges up as economy trumps oil [.N] > Rising oil may send TIPS breakevens higher [US/] > Euro rallies with ECB meeting ahead; dollar weakens [USD/] > Gold ends flat after hitting record above $1,440 [GOL/] > Oil settles at 2-1/2 yr high on Libya violence [O/R] Stocks and factors to watch: -

- SINGAPORE EXCHANGE - Australia's corporate watchdog is expected to announce on Thursday that it will allow new competition in the country's stock exchange market by October, newspapers said. This could end a two-decade monopoly for Australian bourse operator ASX Ltd . Singapore Exchange has made a $7.7 billion bid for ASX.

- CAMBRIDGE INDUSTRIAL TRUST - which owns industrial properties, said its trustee has increased its acquisition term loan facility to S$120 million from S$50 million previously. About S$24.4 million has been drawn from the facility as of Tuesday.

- Alcohol producer Dukang Distillers said it expects to raise T$1.21 billion through issuing 65 million new shares as part of its proposed listing of Taiwan depository receipts (TDR) on the Taiwan stock exchange. It plans to sell each TDR at T$18.65 a piece.

> Straits Times Index fell 1.31 percent on Wednesday to 3,027.51 points. The Dow Jones industrial average rose 0.07 percent to 12,066.80. The Standard & Poor's 500 Index gained 0.16 percent to 1,308.44 and the Nasdaq Composite Index rose 0.39 percent to 2,748.07.

02-03-2011 08:12:33
March 2 (Reuters) - Singapore shares concern with the political situation in the Middle East and North Africa boosted oil prices and prompted investors to sell risky assets, such as stocks.

---MARKET SNAPSHOT @ 2348 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1306.33 -1.57% -20.890 USD/JPY 81.91 0.11% 0.090 10-YR US TSY YLD 3.4032 -- 0.000 SPOT GOLD 1433.16 -0.04% -0.540 US CRUDE 100.3 0.67% 0.670 DOW JONES <.DJI> 12058.02 -1.38% -168.32 ASIA ADRS <.BKAS> 144.53 -0.51% -0.74 -------------------------------------------------------------

> Oil price fuels Wall Street selling [.N] > China seen as risk as holdings surpass $1 trillion [US/] > Dollar given a respite as euro stalls; ECB eyed [USD/] > Gold surges to record on Libya, political unrest [GOL/] > Oil surges $5 on fears unrest may reach Saudi, Iran

>Stocks and factors to watch: -

- SINGAPORE EXCHANGE - The head of the Singapore Exchange drew a line under his $7.7 billion bid for Australian bourse operator ASX Ltd , saying on Tuesday he did not plan any further concessions to win approval for the deal.

- YANGZIJIANG SHIPBUILDING - said on Tuesday it had acquired an additional 40 percent equity interest in Jiangsu Xinfu Shipbuilding for $57.15 million. Yangzijiang now has 60 percent in the firm.

- CDL HOSPITALITY TRUST - said on Wednesday it plans to acquire Studio M Hotel in Singapore for S$154 million to tap into the city-state's strong hospitality market.

- TECHNICS OIL AND GAS - said on Tuesday that its subsidiary Norr Systems has been awarded turnkey construction and service contracts worth S$22.8 million ($17.9 million).

- Yanlord Land said its Q4 net profit rose 51 percent to 825.4 million yuan ($125.6 million) from a year earlier, partly helped by higher average selling prices.

> STI was up 1.9 percent on Tuesday to 3,067.60 points. The Dow Jones industrial average lost 1.38 percent to finish at 12,058.02.

28-02-2011 08:25:55
February 28 (Reuters) - Singapore shares may open higher on Monday after Wall Street bounced back from a three-day sell-off as oil prices stabilised, but concerns Libya's turmoil may spread could keep gains in check. CapitaMall Trust may be in focus after it said on Monday it had entered an agreement to buy a shopping mall in Singapore, Iluma, for S$295 million ($231 million).

-----MARKET SNAPSHOT @ 0003 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1319.88 1.06% 13.780 USD/JPY 81.63 -0.06% -0.050 10-YR US TSY YLD 3.4143 -- -0.002 SPOT GOLD 1414.15 0.35% 5.000 US CRUDE 99.6 1.76% 1.700 DOW JONES <.DJI> 12130.45 0.51% 61.95 ASIA ADRS <.BKAS> 144.25 1.49% 2.12 -------------------------------------------------------------

> Wall St rebounds from sell-off, but down for week > US bonds rise, rally seen likely extending > MidEast fears to lift Swiss franc > Gold posts 4th straight weekly gain on oil, unrest > U.S. crude rises more than $1 to $99.08 .

>Stocks and factors to watch: -

- SEMBCORP INDUSTRIES - Singapore energy, water, and marine group Sembcorp Industries said on Friday its fourth quarter net profit fell 12 percent to S$228.7 million from a year earlier mainly due to weaker performance from marine and utilities.

- YING LI INTERNATIONAL - Chinese real estate developer said its fourth quarter net profit surged more than four times to 256 million yuan, from 62.4 million yuan a year ago, helped by higher fair value gains on its investment properties.

- CHINA HONGXING , HONGWEI - Two Singapore listed companies, China Hongxing and Hongwei Technologies, have requested the suspension of trading in their shares as their auditor, Ernst and Young, could not finalise the audit of their financial statements due to irregularities in their cash and bank balances. Both firms are seeking an extension to the March 1 deadline for releasing their full year earnings.

- CHINA XLX FERTILISER - said its full year net profit rose 21 percent to 144.6 million yuan, helped by higher average selling prices for methanol and an increase in sales of compound fertiliser.

- Straits Times Index rose 1.75 percent on Friday to 3,025.16 points. The Dow Jones industrial average gained 0.51 percent to 12,130.45. The Standard & Poor's 500 Index climbed 1.06 percent to 1,319.88. The Nasdaq Composite Index rose 1.58 percent to 2,781.05.

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