Singapore shares may open higher on Monday after Wall Street extended its rally, led by gains in resource stocks following data in China that showed a pick-up in manufacturing activity. Singapore’s benchmark Straits Times Index <.FTSTI> rose 1.07% on Friday to close at 3,130.90 points.

The Dow Jones industrial average <.DJI> was up 0.39% at 10,829.68. The Standard & Poor’s 500 Index <.SPX> gained 0.44% at 1,146.24. The Nasdaq Composite Index <.IXIC> finished 0.09% higher to close at 2,370.75.

Here are some stocks and factors to watch:

CapitaLand (CATL.SI), Southeast Asia’s largest developer, may be in focus after it said its unit Ascott Residence Trust (ASRT.SI) had paid $458.2 million for the acquisition of 28 serviced residence properties in Singapore, Vietnam and Europe.

Shipping trust Rickmers Maritime (RIMT.SI) said on Friday its chief financial officer Quah Ban Huat has submitted his resignation to pursue other interests, but will remain in his position until April 30 next year.

Singapore Exchange (SGXL.SI), Asia’s second largest bourse operator by market cap, said on Monday that the Straits Times Index will be delivered on a new streaming technology that will allow users to make quicker trading decisions.