Singapore shares may open lower with Singapore Airlines stock likely to be under pressure after poor earnings while investors will be reluctant to take fresh positions ahead of key US employment report on Friday.

Singapore’s benchmark Straits Times Index fell 0.13% on Thursday to 2,901.04 points. Here are some stocks and factors to watch, according to Reuters:

SIA posted a worse-than-expected 53% fall in its third quarter net profit and as it expects to see a further deterioration in its business.

StarHub, Singapore’s second largest telecom firm, on Thursday posted a 15% rise in fourth quarter net profit and said it expects operating revenue to grow in the low-single-digit range this year.

Global Logistic Properties, which owns and operates warehouses in China and Japan, said on Thursday it plans to build a multi-tenant logistics facility in Japan’s Soja City at an estimated cost of US$103 million.

Rig builder Keppel Corp said it has increased the limit of its multi-currency medium term note programme to US$1.2 billion from US$600 million. Proceeds raised will be used for corporate or working capital purposes.

Chosen, which makes components for electronics, said it is likely to report a loss for the six months ended December, due to write-offs for its assets and expenses resulting for the floods in Thailand.