SINGAPORE, May 15 (Reuters) - Following is some
company-related and market news which could have an impact on
the local market:
----------------------MARKET SNAPSHOT @ 0027 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1650.34 1.01% 16.570
USD/JPY 102.21 -0.14% -0.140
10-YR US TSY YLD 1.9783 -- -0.003
SPOT GOLD 1426.4 0.07% 1.010
US CRUDE 94.35 0.15% 0.140
DOW JONES 15215.25 0.82% 123.57
ASIA ADRS 147.03 -0.23% -0.34
-------------------------------------------------------------
GLOBAL MARKETS-U.S. stocks jump to record highs, dollar
rises
SE ASIA STOCKS-Philippine at new peak; Thai banks
outperform
STOCKS TO WATCH
-- OLAM INTERNATIONAL LTD
- Singapore commodities firm Olam International posted
third-quarter net profit of S$108.5 million ($87.3 million), up
10 percent from the previous year. The company attributed the
results to a strong performance in its food staples and packaged
food business.
-- SINGAPORE TELECOMMUNICATIONS LTD
- Singapore Telecommunications Ltd posted a net profit of
S$868 million ($698.42 million) for the fourth quarter, down 33
percent from a year earlier, hurt by a one-time loss arising
from the sale of its stake in Pakistan's Warid.
-- NOBLE GROUP LTD
- Singapore-listed commodities trader Noble Group announced
a net profit of $41.3 million in the first quarter, down 62
percent from last year, saying the challenging operating
environment had hurt margins.
-- NEPTUNE ORIENT LINES LTD
- Neptune Orient Lines posted first-quarter net profit of
$75.5 million, down 70.2 percent from the previous year, hurt by
a decrease in liner revenue from lower volume and freight rates.
-- VARD HOLDINGS LTD
- Norwegian shipbuilder Vard Holdings Ltd posted a net
profit of 188 million Norwegian kronor in the first quarter,
down 30.1 percent from the previous year, hurt by an increase in
interest-bearing liabilities related to its operations in
Brazil.
-- SWIBER HOLDINGS LTD
- Swiber Holdings posted a net profit of $20.1 million for
the first quarter, up 132 percent from the previous year, helped
by strong revenue growth attributable to the group's Latin
America and South East Asia segment.
-- THAI BEVERAGE PCL
- Thai Beverage reported first-quarter net profit of 3.5
billion Thai baht ($118.08 million), down 20 percent from a year
ago, hurt partly by higher excise taxes on certain categories of
alcoholic beverages.
-- COMFORTDELGRO CORP LTD
- Transport operator Comfortdelgro reported a net profit of
S$57.7 million ($46.43 million) in the first quarter, up 7.9
percent from last year, helped by an increase in revenue the
company's taxi, bus and rail businesses.
-- BANYAN TREE HOLDINGS LTD
- Banyan Tree Holdings reported first-quarter net profit of
S$14.2 million ($11.43 million), up 19 percent from the previous
year. The company attributed the results to higher revenue from
hotel investments.
MARKET NEWS
> Nikkei breaks above 15,000 on Wall St; Sony untraded
> Wall St jumps as banks lead indexes to new highs
> Bond prices fall as stocks draw buyers
> Dollar edges down but remains close to 4 1/2 yr high
> Gold down on economic optimism, ETF holdings steady
> Brent oil prices fall in light trading
> Key political risks to watch in Singapore
ASIA-PACIFIC STOCK MARKETS
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Taiwan India Australia/NZ
OTHER MARKETS
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ADR Report LME metals
STOCKS NEWS
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Europe
Asia
DIARIES & DATA:
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