Singapore shares may fall on Wednesday after both Tokyo and Seoul stocks opened lower, but data showing that the city-state's manufacturing sector expanded for a second consecutive month in March may provide some supports.
The benchmark Straits Times Index edged 0.04% lower on Tuesday to 3,014.98 points. Here are some stocks and factors to watch:
DBS Group Holdings will be in focus after lawmakers from two of Indonesia's top political parties voiced opposition to the Singapore bank's bid to take over local lender Bank Danamon.
Oil and gas services firm Ezion Holdings on Wednesday requested a halt in the trading of its shares pending an announcement.
ST Engineering said on Tuesday its marine arm, ST Marine, has partnered with Swedish Kockums AB to form a joint venture company called Fortis Marine Solutions. ST Marine will hold a 51% stake in Fortis Marine and Kockums the remaining 49%.
Nera Telecommunications and its associated company had received purchase orders worth around $27.5 million, Nera said on Tuesday.
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