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Singapore Stocks - Factors to watch on Oct 8

Following are some company-related and market news which could have an impact on the local market.

----------------------MARKET SNAPSHOT @ 2357 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG S&P 500 1460.93 -0.03% -0.470 USD/JPY 78.7 0.06% 0.050 10-YR US TSY YLD 1.7428 -- 0.000 SPOT GOLD 1778.6 -0.11% -1.880 US CRUDE 89.66 -0.24% -0.220 DOW JONES 13610.15 0.26% 34.79 ASIA ADRS 120.65 -0.45% -0.55

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GLOBAL MARKETS-Shares gain, bonds tumble as U.S. unemployment falls

SE ASIA STOCKS-Indonesia at record for 2nd day; commodities lead

STOCKS TO WATCH -- PROPERTY

- Singapore on Friday set a maximum tenure of 35 years for all new residential property loans as part of new measures to cool its housing market.

-- FRASER AND NEAVE LTD

- Conglomerate Fraser and Neave said it has revised up the valuation of some of its properties, including its serviced residences, shopping malls and commercial assets, by about S$498 million.

-- GLOBAL LOGISTIC PROPERTIES LTD

- Global Logistic Properties, which owns warehouses in China and Japan, said on Friday it had sold 16.7 percent of GLP Japan Logistics Partners, a joint venture with China Investment Corp, to clients of CBRE Global Multi Manager for S$98 million.

-- TRANSCU GROUP LTD

- Life sciences firm Transcu Group has appointed Lawrence Rikio Komo to be its chief executive officer from Oct. 8, replacing Akihiko Matsumura, who will remain as a non-executive vice chairman.

MARKET NEWS

> S&P 500 dips after four days of gains; earnings eyed

> Prices fall as jobless rate improves, new supply due

> Improvement in U.S. jobs data lifts dollar vs yen

> Gold drops from 11-month high after US payrolls

> Oil dips as weak global economy offsets rise in US jobs

> Key political risks to watch in Singapore

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A multimedia version of Reuters Top News is available at:

(Reporting by Charmian Kok; Editing by Chris Gallagher)

((charmian.kok@thomsonreuters.com)(+65 6403 5666)(Reuters Messaging: charmian.kok.reuters.com@reuters.net))

Keywords: MARKETS SINGAPORE STOCKS/