Singapore shares may open higher on Wednesday after global markets rallied on strong manufacturing data and easing concerns about the Middle East, although volumes are expected to be light on the eve of Chinese New Year. Citigroup in a note its clients on Wednesday said ample global liquidity suggests continued Singapore dollar strength, low interest rates and buoyant commodity prices. Singapore’s benchmark Straits Times Index <.FTSTI> was up 0.16% to 3,184.74 points. Here are some stocks and factors to watch:
Posts Tagged ‘Wednesday’
Keppel’s strong earnings push STI up at midday
Shares of Keppel Corp, the world’s largest oil rig builder, rose as much as 3% on Wednesday after it reported a 17% rise in fourth quarter net profit and an improved dividend.
Jan 19: Singapore stocks may open higher; OUE, CapCom Trust in focus
Singapore shares may open higher on Wednesday, helped by stronger commodity prices, improving sentiment in the debt-laden euro-zone and robust earnings from US technology companies. Singapore’s benchmark Straits Times Index <.FTSTI> rose 0.34% on Tuesday to 3,249.58 points.
Here are some stocks and factors to watch:
Singapore hotel operator Overseas Union Enterprise (OVES.SI) may be in focus after IFR reported that Credit Suisse International is selling up to a US$116 million ($149 million) stake in the property firm.
Jan 12: Singapore stocks may climb higher; Energy firms, Hyflux in focus
Singapore shares may climb higher on Wednesday after modest gains on Wall Street overnight. Energy firms may outperform the market as US oil prices jumped 2% on the back of supply concerns. Singapore’s benchmark Straits Times Index <.FTSTI> rose 0.38% on Tuesday to 3,241.49 points.
Here are some stocks and factors to watch:
Jan 5: GLP, CapitaMalls Asia, Bonvest, China New Town
Singapore shares may weaken slightly on Wednesday after sharp falls in commodity prices weighed on major equity markets, but losses are likely to be limited with strong US economic data lending support.
Singapore’s benchmark Straits Times Index <.FTSTI> was up 0.45% on Tuesday to 3,250.29 points. Here are some stocks and factors to watch:
Singapore stocks up at midday but Wilmar falls; seen range-bound
Singapore shares rose on Wednesday, but Wilmar International (WLIL.SI), the world’s largest listed palm oil firm, underperformed the broader market due to its property ventures in China that traders said deviate from its main business.
By the midday break, the Straits Times Index (STI) <.FTSTI> was up 0.34%, or 10.72 points, at 3,150.57. Total value of shares traded in the morning session was $605.4 million, up from $461.5 million on Tuesday.
Dec 22: SembMarine, Sound Global, Wilmar
Singapore shares were expected to open higher on Wednesday after Wall Street rose overnight as solid earnings and a flurry of merger activity underpinned a steady upward trend that reinforced investor optimism for the coming year.
The following companies may have unusual price changes in Singapore trading today. Stock symbols are in parentheses, and share prices are from the previous close. Singapore’s Straits Times Index gained 0.2% to 3,139.85.
Visa-free travel for Bosnia, Albania
As of Wednesday, the residents of Bosnia-Herzegovina who possess biometric passports will be able to travel visa-free to the EU member states. This also applies to trips to Switzerland, Iceland, and Norway.
Ke$ha “We R Who We R†VIDEO Premiere
On Wednesday, the grungy pop tart you can’t get enough of (And no, we’re not talking about Britney Spears…) unveiled the promo for her “Go-Ka-Razy” dance-pop song, “We R Who We R,” the lead single from her Animal companion album. Ke$ha totes the hit track as an anthem about honoring the differences within ourselves and [...]
U.S.: N. Korean strike armistice violation
The U.S. said Wednesday North Korea’s lethal artillery strike on a South Korean island was premeditated and a violation of the 1953 Korean War armistice. But U.S. officials do not believe Pyongyang is preparing for an extended military campaign.
Tadić announces aid for quake town
President Boris Tadić announced on Wednesday a series of measures that would aid the economy of Kraljevo. The town in central Serbia that was hit by an earthquake early this month.
Top U.S., Israeli military leaders meet
The top United States and Israeli military officers met on Wednesday, VOA reports. The meeting came amid some disagreement among senior leaders of the two countries on how best to pressure Iran to abandon its alleged nuclear weapons program.
Prince William Kate Middleton NBC Special Airing Wednesday, Nov. 16
NBC is cashing in on the engagement of Britain’s Prince William with a 60-minute Dateline special set for broadcast on Wednesday. The network plans to honor the soon-to-be newlyweds with Will & Kate: A Royal Love Story, a special look at how the couple met, what drew them to each other. and what their modern-day [...]
Former Russian PM Chernomyrdin dies
Former Russian Prime Minister Viktor Chernomyrdin died aged 72 on Wednesday morning, RIA Novosti reports. He will be laid to rest in Moscow’s Novodevichy Cemetery, a Russian TV channel said on Wednesday.
Space Shuttle Discovery Launch Planned for Wednesday: NASA
The space shuttle Discovery goes up to the International Space Station (ISS) on Wednesday, NASA reported. – NASA’s shuttle program Mission Management Team met this morning as the
countdown remained on track to launch space shuttle Discovery Wednesday on the STS-133
mission, with a scheduled launch time just before 4
p.m. EDT.
The weather forecast calls for a 70 percent chance of acceptable conditions…
T.I. Sentenced To 11 Months In Jail
So long, Clifford! it’s back to The Big House for rapper T.I. On Friday, “Swagga Like Us” rapper T.I. was sentenced to 11 months in jail for violating the terms of his probation after he was arrested in September on suspicion of possessing ecstasy. “I screwed up. I screwed up big time and I am [...]
Kosovo on agenda as leaders meet
United Nations Secretary-General Ban Ki-moon has met with Russia’s Foreign Minister Sergei Lavrov on Wednesday.
They discussed the situation in the Middle East and other international crises and hot spots, including Kosovo-Metohija, the UN website said on Wednesday.
Serbia “best place for investments”
President Boris Tadić called on Wednesday in New York on American companies to invest in Serbia.
He pointed out that so far, the level of investments and trade has been far below the possibilities which the Serbian market and investment climate offered.
Susan Boyle Walks Off “America’s Got Talent†Following Lou Reed Snub
Wednesday was anything but a “Perfect Day” for talent show sensation Susan Boyle. The “Wild Horses” hitmaker, who shot to fame after appearing on Britain’s Got Talent last year, was due to perform Lou Reed’s “Perfect Day” — accompanied by a 100-piece children’s choir — on Wednesday night’s telecast of America’s Got Talent. However, when she [...]
Sept 8: Yangzijiang, DBS, United Envirotech, Sound Global, BH Global Marine, Super Group
Singapore stocks may open lower on Wednesday after US stocks fell on renewed concerns about European banks following a newspaper report that major lenders understated their holdings of potentially risky government debt. Singapore’s benchmark Straits Times Index <.FTSTI> inched 0.05% higher on Tuesday to 3,036.09 points. Here are some stocks to watch:
Singapore-listed Chinese shipbuilder Yangzijiang (YAZG.SI) will be in focus as it Taiwan Depository Receipts start trading on the Taiwan Stock Exchange on Wednesday.



