Singapore shares are likely to rise on Monday after a better-than-expected U.S. jobs data report eased investors’ fears over the pace of economic recovery and sent Wall Street rallying. Singapore’s benchmark Straits Times Index <.FTSTI> inched 0.53% higher on Friday to 3,002.56 points.

Here are some stocks and factors to watch:

Southeast Asia’s largest telcom firm Singapore Telecommunications (STEL.SI) may be in the spotlight after a UK newspaper report said the firm is considering a bid for FTSE 100 group Cable & Wireless Worldwide (CWP.L). The Independent reported on Sunday SingTel had contacted bankers in Asia and Europe to discuss the idea. Singtel officials in Singapore said they had no immediate comment.

Developers: Singapore homebuyers are pulling out of agreements to buy new properties after the government last week introduced curbs on mortgage lending and rules on ownership of government-built apartments, the Straits Times reported, citing property brokers. CapitaLand (CAPL SP), Southeast Asia’s biggest developer, gained 0.8% to $3.94. City Developments (CIT SP), Singapore’s second-biggest developer, rose 0.4% to $11.22.

Keppel Land (KLAN.SI) plans to unlock value by redeveloping one of its properties in the central business district of Jakarta, Indonesia. The redevelopment, which will take about 3 years, is expected to cost about $95 million.

Singapore Airlines (SIAL.SI), the world’s second most valuable carrier, said on Friday that Executive Vice President Goh Choon Phong will succeed Chew Choon Seng as CEO when Chew retires at the end of this year.

Singapore insurer Great Eastern Holdings (GELA.SI) said on Friday that Group Chief Executive Officer Ng Keng Hooi has resigned to take on a regional appointment in a multi-national corporation. Ng’s last day of service will be Sept 30.

Indofood Agri Resources (IFAR.SI), Indonesia’s top cooking oil seller, expects crude palm oil output to rise by 5-10% next year after flat growth this year as rains hindered plantation. Commodity suppliers: The Reuters/Jefferies CRB Index, which tracks prices of 19 commodities from copper to corn, rose 0.6% in New York on Sept. 3, extending its three-day advance to 3.3%.

Noble Group (NOBL SP), a Hong Kong-based commodities supplier, lost 0.6% to $1.64. Olam International (OLAM SP), a Singapore-based supplier of agricultural commodities, slipped 0.4% to $2.73.

Shipping companies: The Baltic Dry Index of commodity-shipping rates gained 1.5% in London on Sept 3, extending its five-day advance to 6.4%. Cosco Corp. Singapore (COS SP), a China-based shipbuilder that also operates bulk carriers, increased 0.6% to $1.62. STX Pan Ocean Co. (STX SP), South Korea’s biggest bulk carrier, gained 0.5% to $13.08. Mercator Lines Singapore (MRLN SP), an Indian bulk carrier, dropped 1.9% to 26.5 cents.