Singapore shares may see a weak start on Wednesday, following Wall Street’s sluggish performance overnight due to lingering euro zone debt concerns. Singapore’s benchmark Straits Times Index <.FTSTI> rose 0.33% on Tuesday to 3,191.88 points. Here are some stocks to watch, say Bloomberg and Thomson Reuters:

Global Logistic Properties (GLPL.SI) (GLP) shares may come under pressure after it was reported the firm’s non-compete agreement with US rival ProLogis will expire in February, which may lead to stiffer competition for GLP in China. Under the non-compete clause, ProLogis is prevented from acquiring and building logistic distribution facilities in China, while GLP cannot acquire and build such properties in Japan, the local press reported, citing unnamed sources.

Telecommunications companies: Mobile-phone subscriptions in Singapore increased to 7.21 million in October from 7.18 million in September, raising the number of active mobile numbers to 142% of the population from 141%. Singapore Telecommunications (ST SP), Southeast Asia’s biggest phone company gained 0.6% to $3.13. StarHub (STH SP), Singapore’s second-biggest phone company, lost 0.4% to $2.65. M1 (M1 SP), the smallest phone company, declined 1.3% to $2.28.