Singapore shares may slip on Tuesday after stalled talks between private bondholders and the government to restructure their Greek debt weighed on US equities overnight.
The benchmark Straits Times Index fell 0.96% on Monday to 2,888.29 points. Here are some stocks and factors to watch, according to Reuters:
Commodity trader Olam International may be in focus after it said it was partnering Russian Dairy Company LCC in the dairy and grains business and will jointly invest US$400 million in Russia over the next five years.
Low cost carrier Tiger Airways Holdings reported its third consecutive quarterly loss and warned of a possible "significant" annual loss, mainly due to problems with its Australian operation and soaring fuel prices. It posted a net loss of $17.4 million for October-December compared with a profit of $22.5 million a year ago.
Telcos: Singapore's telecommunications regulator, the Infocomm Development Authority, is introducing several changes to improve the quality of mobile phone and broadband services, from better coverage to allowing consumers to cap data-roaming charges, the Straits Times said on Tuesday.
Neptune Orient Lines, the world's sixth-largest container shipping firm, said on Monday average revenue per container fell 14% in the six weeks to Dec. 30 due to lower rates in major trade lanes.
Singapore Exchange said investors in the United States can now directly trade two of its futures contracts, the FTSE China A50 and MSCI Asia APEX 50 futures from within the country.
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