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| AusGroup |
Singapore-listed AusGroup , which provides services to resources companies, may be in focus after it said it is exploring a secondary listing on the Australian Securities Exchange. [ID:nWNAS1754] ----------------------MARKET SNAPSHOT @ 2353 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1328.17 -0.4% -5.340 USD/JPY 85.12 0.31% 0.260 10-YR US TSY YLD 3.5829 -- 0.000 SPOT GOLD 1475.2 0.17% 2.500 US CRUDE CLc1 113.24 0.40% 0.450 DOW JONES 12380.05 -0.24% -29.44 ASIA ADRS 139.77 0.74% 1.02 ------------------------------------------------------------- > U.S. stock market falls in late sell-off, volume light > U.S. debt yields rise for third straight week > Yen, dollar remain friendless; euro, Aussie shine > Gold hits record, silver soars on dollar decline > Brent surges $4 as dollar fall stirs commods funds
Stocks and factors to watch:
-- MAPLETREE LOGISTICS TRUST
- Mapletree Logistics Trust, which invests in logistic assets, said on Sunday it plans to sell its two properties in Singapore for a total of S$27.5 million ($21.9 million). [ID:nSNZ7996GP]
-- JASPER INVESTMENTS
- Singapore oil and gas services firm Jasper Investments said on Friday its subsidiary Jasper Drilling had signed a letter of intent with AGR Peak Well Management whereby Jasper will drill one well for AGR with an option for another in West Africa. The firm portion of the contract is worth around $15 million. [ID:nSNZ3DMSQv]
-- AZTECH GROUP
- Singapore electronics and marine logistics company Aztech Group said on Friday it will record a loss for the first quarter ended March 31, 2011, compared with a profit a year earlier, mainly due to the impairment of vessels owned by the firm. [ID:nSNZ84Hl9W]
-- HI-P INTERNATIONAL
- Hi-P International, a Singapore electronics contract manufacturer, said on Friday its chief technology officer, CM Phua, had tendered his resignation due to health reasons. The firm said it is looking for a replacement. [ID:nSNZ36v4SL]
- Singapore's benchmark Straits Times Index rose 0.49 percent on Friday to 3,187.31 points.
- The Dow Jones industrial average lost 0.24 percent to finish at 12,380.05. The Standard & Poor's 500 Index retreated 0.40 percent to 1,328.17. The Nasdaq Composite Index fell 0.56 percent to 2,780.42.
ASIA-PACIFIC STOCK MARKETS:
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STOCKS NEWS US, Europe, Asia:
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(Local currency) LME price overview ($1 = 1.257 Singapore Dollars)
Sources: http://www.reuters.com
