Monday November 23, 12:58 AM
Singapore Hot Stocks-Sembcorp Ind in focus on Oman project
SINGAPORE, Nov 23 (Reuters) - Sembcorp Industries
will be in focus on Monday after it signed a $1 billion power and
water project deal with Oman.
U.S. stocks slid on Friday for a third straight day as
investors took weaker-than-expected results from computer-maker
Dell (NASDAQ: DELL - news) and homebuilder D.R. Horton as a further
sign that the recovery will be sluggish.
-----------------------MARKET SNAPSHOT @ 0023 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1091.38 -0.32% -3.520
USD/JPY 88.88 0.1% 0.090
10-YR US TSY YLD 3.3601 -- -0.009
SPOT GOLD 1160 1.03% 11.800
US CRUDE 77.94 0.61% 0.470
DOW JONES (news) 10318.16 -0.14% -14.28
ASIA ADRS 123.12 0.57% 0.70
-------------------------------------------------------------
> Wall St drops as investors fret about recovery
> Dollar edging higher as safety sought
> Most US bond prices fall, but short-term in demand
> Gold hits fresh record on safe-haven buying
> Oil slips 1 pct on dollar rise, equities slide
Stocks and factors to watch:
-- Sembcorp Industries
- Singapore's Sembcorp Industries has signed a joint venture
deal with Oman Investment Corp to build a water and power project
worth $1 billion.
-- KEPPEL CORP (K02.SI - news)
- Keppel Corp will upgrade and repair two Noble Corp (NYSE: NE - news) 's
drillships for $304 million in Brazil, according to a Keppel
announcement early on Monday.
-- FIRST SHIP LEASE
- Ship financing firm First Ship Lease said it plans to issue
up to $200 million worth of bonds, which will mature in 2016.
- Singapore's benchmark Straits Times Index rose 0.1
percent to 2,761.54 points on Friday.
- The Dow Jones industrial average fell 0.14 percent
to 10,318.16 points. The Nasdaq Composite Index dropped
0.5 percent to 2,146.04 points.
(Reporting by Saeed Azhar; Editing by Muralikumar Anantharaman)
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