Markets

Singapore Stocks may open higher; banks, Noble in focus

Published Updated

Singapore banking stocks DBS , United Overseas Bank and Oversea-Chinese Banking Corp may be in focus after coming under heavy selling pressure on Tuesday.

Singapore-listed commodities firm Noble Group may also be in the spotlight after announcing it had applied to the stock exchange for a possible spin-off and primary listing of its agriculture business.

The company, which is seeking a listing on the Singapore Exchange, said the listing will be subject to market conditions, it said in a statement late on Tuesday.

Copyright Reuters, 2011