SINGAPORE (Dec 8): Here are some stocks that may move the market this Friday morning:

CapitaLand on Thursday announced a $10 million partnership with the Singapore Economic Development Board (EDB) to upskill CapitaLand’s staff and develop technology-enablers for the company to seize opportunities to build real estate of the future. Shares in CapitaLand closed 3 cents lower at $3.44 on Thursday.

See: CapitaLand enters into $10 mil partnership with EDB to upskill staff and develop technology-enablers

iFAST Corporation says subsidiary iFAST Financial has launched trading capabilities in US-listed securities, including stocks and Exchange Traded Funds (ETFs), on FSMOne. Investors can trade in US-listed stocks and ETFs at a commission fee of 0.08%, subject to a minimum of US$8.80 per trade. A hotline for investors has been set up from 10.30pm to 5.00am Singapore time and 9.30pm to 4.00am during Daylight Saving Time. Shares in iFAST closed at 85 cents on Thursday.

See: iFast launches US stockbroking services on FSMOne

Halcyon Agri Corp is acquiring four rubber factories in Indonesia for $105.3 million. Halcyon Agri will become the largest crumb rubber producer and exporter in the country with a consolidated processing capacity to 1.55 million tonnes per annum after the acquisition. Shares in Halcyon closed at 58 cents on Thursday.

See: Halcyon Agri acquires 4 rubber factories in Indonesia for $105 mil

The Straits Trading Company is acquiring an office building in Perth, Australia, for A$54.2 million ($55.7 million). The acquisition is part of its strategy to redeploy capital from its existing property portfolio into potentially higher return property opportunities. Shares in Straits Trading closed at $2.35 on Thursday.

See: Straits Trading Company buys Perth office building for $56 mil

CSC Holdings, the foundation and geotechnical engineering specialist, has secured foundation contracts for the Kim Chuan Depot Extension and the underground Keppel MRT Station and its associated tunnels, on the Circle Line 6 (CCL6). With the two projects, the group has secured in excess $200 million worth of foundation contracts since the start of FY18. Shares in CSC closed at 2.9 cents on Thursday.

See: CSC Holdings wins contracts for Kim Chuan Depot Extension and underground Keppel MRT Station

Stamford Tyres reported a 10.4% rise in 2Q18 earnings to $1.62 million compared to $1.47 million in 2Q17. Total revenue for the second quarter ended October was 2.58% higher at $59.9 million from $58.4 million a year ago, mainly due to improved sales in Australia and the South East Asian markets. Shares in Stamford Tyres closed at 34 cents on Thursday.

See: Stamford Tyres posts 10.4% increase in 2Q earnings to $1.6 mil on higher sales

CIMB Bank says Cosco Shipping International’s $1.02 per share offer for Cogent is fair and reasonable under prevailing market conditions. Shares in Cogent closed at $1.01 on Thursday while Cosco closed 2.5 cents lower at 46 cents.

See: Cosco's offer for Cogent 'fair and reasonable', says adviser CIMB

Markets
Wall Street stocks pushed higher Thursday. Analysts expect the monthly Labor Department report due out early Friday will show US added 190,000 jobs while unemployment held steady at 4.1%. The Dow ended the session up 0.3% at 24,211.48. The S&P 500 advanced 0.3% to close at 2,636.98, while the Nasdaq Composite Index gained 0.5% to 6,812.84.

The Singapore market closed lower for a fourth straight session, with the Straits Times Index losing 9.07 points or 0.3% to finish at 3,388.14 on Thursday. Some 1.6 billion shares worth $1.1 billion were done versus Wednesday's 1.9 billion shares worth $1.2 billion.  Losers outnumbered gainers with 246 to 159.