Singapore shares may open lower on Thursday, hit by weakness in Wall Street after key banking and technology stocks fell on disappointing results. Singapore’s benchmark Straits Times Index <.FTSTI> was down 0.23% on Wednesday at 3,241.96 points.

Stocks and factors to watch:

Singapore’s Sembcorp Marine (SCMN.SI), the world’s second largest rig builder, will be in focus after saying it had signed a jack-up rig contract worth up to US$182 million ($233.5 million) with a wholly owned unit of Atwood Oceanics.

M1 (MONE.SI), Singapore’s smallest mobile phone operator, said its fourth-quarter net profit rose 0.7 percent, as higher operating revenue was offset by a rise in operating expenses.

Singapore-listed palm oil firm First Resources (FRLD.SI) said one of its substantial shareholders, Eight Capital, had placed 75 million ordinary shares in the firm at S$1.48 per share. Citigroup has also completed the placement of 15 million treasury shares.

Real estate investment trust CapitaMall Trust (CMLT.SI) said on Thursday its fourth-quarter distributable income fell 1.4% year-on-year to $75.4 million. Gross revenue rose 8% to $151.3 million partly helped by higher rental rates.

Shipping trust First Ship Lease Trust (FSLT.SI) said its fourth-quarter distributable income fell 36.7% year-on-year to US$5.7 million ($7.3 million). Pacific Shipping Trust (PFST.SI) said its fourth-quarter distributable income fell 2% to US$4.8 million.

Oil and gas services firm Rotary Engineering (ROTE.SI) said on Wednesday it had secured a $14.6 million engineering, procurement and construction contract to add new facilities to an existing plant on Jurong island for chemicals firm Stepan Asia.

Singapore-listed watch manufacturer and retailer Time Watch (TWCH.SI) said on Wednesday Red Rewarding, an investment holding company incorporated in the British Virgin Islands, wanted to delist the firm from the Singapore Exchange at an exit offer of $0.27 per share.