Singapore’s PMI, KLW, P99, Noble, Azeus, Jason Holdings

SINGAPORE (Oct 4): Here are some factors and stocks that could move the market this Tuesday morning:

Singapore’s manufacturing sector expanded marginally in September, according to the Purchasing Managers’ Index (PMI). The 50.1 reading - a 0.3-point increase from the previous month - marks the first above-50 reading after 14 consecutive months of contraction. The slight improvement was due to higher readings in new orders, new exports, and factory output.

Door manufacturer KLW Holdings as well as the company’s former managing director Lee Boon Teck and group financial controller Jaslin Gaw has been reprimanded by the Singapore Exchange over breaches of Catalist rules. The regulator said KLW failed to announce a number of key developments, with Lee and Gaw facilitating the failure by not informing the board of directors of the facts. Shares of KLW last traded at 1 cent.

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