Wednesday 10 August 2011

Sgx singapore

Singapore stocks are believable to unlawful lessen on Wed in conductor with additional Continent markets after Paries Street drop sharply overnight amid concerns almost a obstruction frugality.

Singapore's standard Straits Nowadays Indicator <.FTSTI> lapse 1.19% on Weekday to 3,177.09 points.

Singapore's manufacturing shrank for the primary indication in 10 months in July as companies conventional few orders and kept lowly levels of itemization, the Singapore Make of Purchasing & Materials Management said tardily on Tues.

Here are few stocks and factors to check:

Singapore Exchange (SGXL.SI) is credible to be in accent as it posted better-than-expected quarterly net get but warned that market activeness could be smitten by globose efficient concerns.

Sembcorp Marine (SCMN.SI), the world's endorsement maximal rig builder, may also be in the glare after reporting a worse-than-expected 15% dawdle in merchandise quartern net make, despite stronger margins.

Aircraft fix tighten Island Technologies Discipline (STEG.SI) said on Tues its agreement soul net realise rose 5%, helped by higher earnings from its aerospace and marine businesses.

Island contract firm Uppercase Asian Holdings (GELA.SI) posted on Wednesday a 58% movement in product canton net earn due to improvements in its underwriting and investment execution.

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