Singapore Stocks - Factors to watch on June 20

Reuters - June 19th, 2012

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INSTRUMENT LAST PCT CHG NET CHG S&P 500 .SPX 1357.98 0.98% 13.200 USD/JPY JPY= 79.08 0.1% 0.080 10-YR US TSY YLD US10YT=RR 1.606 -- -0.014 SPOT GOLD XAU= 1619.39 0.17% 2.790 US CRUDE CLc1 83.94 -0.11% -0.090 DOW JONES .DJI 12837.33 0.75% 95.51 ASIA ADRS .BKAS 117.43 1.15% 1.33 -------------------------------------------------------------

GLOBAL MARKETS-Shares rise as investors bet Fed will 'Twist' again SE ASIA STOCKS-Firmer; Spain's debt woes cut volume

STOCKS TO WATCH

-- SAHAVIRIYA STEEL INDUSTRIES PCL

The steel firm expects to return to profit by the first quarter next year even as growing Chinese imports and softening steel prices continue to bite, the company's President Win Viriyaprapaikit said.

-- JMT NETWORK SERVICES CO.

A subsidiary of listed handset retailer Jay Mart Pcl told Reuters it planned an initial public offering by the third quarter.

-- SRIRACHA CONSTRUCTION PCL

A construction firm specialising in piping fabrication and mechanical equipment installation has set a price range on its initial public offering of 14.4 baht to 15.0 baht ($0.46-$0.48), a source close to the deal told Reuters.

The IPO price is expected to be set on June 20 or June 21.

MARKET NEWS > Wall St gets a lift from hopes for more Fed moves > Bonds slip as stock gains curb bid before Fed meeting > Euro gains vs US dollar as Fed decision awaited > Gold ticks up on Fed stimulus prospects > Brent crude dips as Iran, West plan July talks > Thai press digest > Political risk box on Thailand

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topnews.session.rservices.com ($1 = 31.4 baht) (Reporting by Viparat Jantraprap; Editing by Prateek Chatterjee)

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