STI          3,012      -31      -1.03%
DOW        12,811    -41      -1.41% 
S&P         1,378      -17      -1.19%
FTSE        5,776      -16      -0.27%       
DAX          7,205      -28      -0.38%
GOLD        1,733      +7       +0.41%
OIL           84.96       -0.13   -0.15% 
PRE-HK OPEN  -129pts
 
CREDIT SUISSE GLOBAL RISK APPETITE (EQUITY):   0.47  (7 Nov 2012)
CREDIT SUISSE GLOBAL RISK APPETITE              :   0.55   (7 Nov 2012)

  DJ MARKET TALK: Singapore's STI May Open Lower, Test Support At 3000 

0045 GMT [Dow Jones] Singapore's STI may extend Thursday's 1.0% fall to 3012.25 and test support at 3000, after overnight weakness on Wall Street and European markets. "As we end 2012, the term 'fiscal cliff' is likely to become overly used as 'eurozone crisis' and 'Greek exit' have now become," says Jason Hughes, the head of premium client management at IG Markets; "sadly, as politicians both sides of the Atlantic have repeatedly shown they are unlikely to reach a compromise until we reach the eleventh hour, it will be the harbinger of doom until the year end at least." However, improved earnings are likely to keep the likes of Noble Group (N21.SG), Wilmar International (F34.SG) and Oversea-Chinese Banking Corp. (O39.SG) in focus. Fraser & Neave (F99.SG) is also likely to be eyed after TCC Assets Thursday again extended the deadline for its takeover bid for the former to Nov. 22 without raising its US$7.2 billion offer

 
*DJ OCBC: 3Q Net Profit Includes Gain From Fraser & Neave, APB Divestment

*DJ Oversea-Chinese Banking Corp: 3Q S$1.85B Vs S$513M; Poll S$647M 
 
 
DJ Wilmar 3rd-Quarter Profit Up 26%; Positive on Long-Term Prospects
*DJ Wilmar International 3Q Net $405.8M Vs. Net $321M >F34.SG