Tuesday, June 18, 2013

Jun 18: SIA, Lian Beng

Singapore shares gained 0.7% on Monday. The Straits Times Index added 22.01 points to end at 3,183.44. Here are some stocks to watch this Tuesday morning:

Singapore's non-oil domestic exports (NODX) declined 4.6% on-year in May due to a drop in electronics exports.

New private home sales in Singapore saw a slight rebound in May compared to April. The number of units, excluding executive condominiums, climbed 5.4% to 1,455 units in May.

Singapore Airlines’ passenger load factor fell to 74.6% in May from 75.8% a year ago. The company said the operating environment remains challenging and yields are expected to remain under pressure.

Lian Beng Group construction company said its fully-owned subsidiary won an order in Singapore worth about $85 million.

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