Singapore shares are likely to open down on Thursday after US stocks ended mostly lower, weighed by a poor reading on private-sector employment and speculation about further quantitative easing from the Federal Reserve.

Here are some stocks to watch say Bloomberg and Thomson Reuters:

Overseas Union Enterprise (OUE SP): The Singapore-based hotel operator said Golden Concord Asia is offering to sell 120.5 million shares of Overseas Union Enterprise, a Singapore-based hotel operator and developer, at $2.80 a share in a placement. Golden Concord is an investment unit of Indonesia’s Lippo Group, the company’s controlling shareholder. Overseas Union Enterprise rose 2% to $3.05.

Midas Holdings (MIDAS SP): The maker of aluminum alloy profiles used in train carriages plans to raise manufacturing capacity in China by 40% as the nation boosts high-speed rail and subway spending, Chief Executive Officer Patrick Chew said in yesterday in Hong Kong. Midas, whose shares started trading in the Chinese city yesterday, slipped 1.9% to $1.01 in Singapore.

Genting Singapore Plc (GENS SP): The operator of one of two casino resorts in the city was cut to “equal-weight” from “overweight” at Morgan Stanley. The brokerage raised its share-price estimate to $2 from $1.60. The stock was unchanged at $2.08.

China Fishery Group (CFG SP): The fishing-fleet operator was rated “buy” with a share-price forecast of $2.60 in new coverage by Deutsche Bank AG. The stock rose 2.5% to $2.09.

Shipping companies: The Baltic Dry Index of commodity-shipping rates climbed 2.7% in London yesterday, taking its four-day advance to 7.9%. Cosco Corp. Singapore (COS SP), a China-based shipbuilder that also operates bulk carriers, rose 1.1% to $1.87. Mercator Lines Singapore (MRLN SP), an Indian bulk carrier, was unchanged at 29 cents. STX Pan Ocean Co. (STX SP), South Korea’s biggest bulk carrier, gained 2.1% to $13.94.