Sunday, April 29, 2012

Reuters: Hot Stocks: STOCKS NEWS SINGAPORE-Index futures rise 0.5 pct

Reuters: Hot Stocks
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STOCKS NEWS SINGAPORE-Index futures rise 0.5 pct
Apr 30th 2012, 00:52

Sun Apr 29, 2012 8:52pm EDT

Singapore index futures rose 0.5 percent early on Monday, indicating a higher start for the benchmark Straits Times Index.

Asian shares inched higher on Monday as weaker-than-expected U.S. growth data left open the possibility of more monetary stimulus from the Federal Reserve, but trading will likely be subdued with Japanese and Chinese markets closed.

(Reporting by Eveline Danubrata in Singapore, editing by Richard Pullin; eveline.danubrata@thomsonreuters.com)

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