Tuesday, May 07, 2013

SGX Market News

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1617.5 0.19% 3.080
USD/JPY 99.26 -0.07% -0.070
10-YR US TSY YLD 1.7571 -- -0.007
SPOT GOLD 1467.69 -0.08% -1.200
US CRUDE 95.76 -0.42% -0.400
DOW JONES 14968.89 -0.03% -5.07
ASIA ADRS 143.66 -0.09% -0.13

MARKET NEWS
> Nikkei up 2.8 pct to pass 14,000 after U.S. jobs data
> S&P 500 closes at record again; financials, Apple lead
> Bond yields at three-week high ahead of auctions
> Euro tripped by ECB, Aussie eyes rate decision
> Gold eases in low volume, ETF outflows in focus
> Oil up over $105 per barrel on Mideast tensions
> Key political risks to watch in Singapore

GLOBAL MARKETS-Asian shares steady on higher Wall Street
SE ASIA STOCKS-Mostly up; Malaysia at record high after election

STOCKS TO WATCH
-- DYNAMIC COLOURS LTD, INTRACO LTD
- Intraco Ltd, a trading company that owns 39.48 percent of Dynamic Colours (DCL), has made a mandatory conditional cash offer for all of DCL's issued ordinary shares at S$0.185 per share.
-- OKH GLOBAL LTD
- Property and construction firm OKH Global Ltd, formerly known as Sinobest Technology Holdings Ltd, will begin trading from 9 a.m. (0100 GMT) on the Singapore Exchange.
-- HEALTHWAY MEDICAL CORP LTD
- Healthway Medical has proposed an additional distribution
in specie to shareholders of up to 675,324 shares, representing
up to 3.38 percent of the healthcare services group.



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