Singapore shares may climb higher on Tuesday after Wall Street indices closed up overnight as confidence returned in the global economy’s growth prospects.

Singapore’s benchmark Straits Times Index <.FTSTI> closed up 0.04% at 3,185.76 on Monday.

Here are some stocks and factors to watch:

Keppel Land (KLAN.SI), Singapore’s third-largest property developer, may be in focus after it posted an eight-fold rise in fourth quarter net profit, helped by a $363.8 million one-time gain from the sale of its one-third interest in a large office project.

Singapore’s ComfortDelGro (CMDG.SI) said its subsidiary in China has been awarded 800 new taxi licences by the Chengdu Municipal government, making it the second largest taxi operator in the city with 1,050 taxis.

Electronics contract manufacturer Valuetronics (VLUE.SI) said on Tuesday its net profit for the three months ended December more than doubled to HK$31.6 million ($674,000) from HK$13.5 million a year earlier, due to stronger orders from its customers.

Boustead Singapore (BTSS.SI) said its wholly-owned subsidiary won a $25 million contract to design, engineeer and construct a demineralisation plant in Singapore.

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