SINGAPORE (April 20): Here are some stocks that could move the market this Thursday morning.

Frasers Centrepoint’s Australian division and its JV partner is selling Sydney’s Four Points by Sheraton hotel in Central Park and some associated office space for nearly $190 million. Shares of FCL closed 9 cents higher at $1.88 on Wednesday.

See: Frasers Centrepoint sells DUO hotel and offices in Sydney for $199 mil

SBS Transit won the LTA contract to operate the Seletar Bus Package. At a total fee of about $480.3 million, the five-year contract, which can be extended by another two years, is the first bus tender award for SBS Transit. Shares of SBS Transit closed 3 cents higher at $2.76 on Wednesday.

See: SBS Transit wins Seletar Bus Package contract for $480 mil

United Overseas Insurance saw 1Q earnings fall marginally by 0.6% to $7.0 million. Shares of United Overseas Insurance closed 4 cents lower at $5.19 on Wednesday.

See: United Overseas Insurance 1Q earnings dip 0.6% to $7 mil

The manager of Keppel REIT on Wednesday announced a 13.7% drop in DPU to 1.45 cents for the first quarter ended March 31, from 1.68 cents a year ago. Units of Keppel REIT closed 1.5 cents higher at $1.07 on Wednesday.

See: Keppel REIT 1Q DPU falls 13.7% to 1.45 cents

China Aviation Oil, the largest physical jet fuel trader in the Asia Pacific region, reported a 4.7% increase in 1Q earnings to US$25.3 million ($35.4 million) from a year ago. Shares of CAO closed 6 cents lower at $1.63.

See: China Aviation Oil posts 4.7% rise in 1Q earnings to $35.4 mil

Markets
US equities closed mostly lower on Wednesday, with IBM and oil prices pushing down the Dow Jones industrial average. The Dow Jones Industrial Average dropped 113.64 points, or 0.6%, to close at 20,523.28, while the S&P 500 index fell 6.82 points, or 0.3%, to end at 2,342.19. The Nasdaq Composite Index lost 7.32 points, or 0.1%, to close at 5,849.47.

The Straits Times Index closed 11.26 points or 0.4% lower at 3,126.28. Overnight falls in Wall Street amid disappointing earnings data and the surprise news of a UK election weighed on investor sentiment. Some 2.7 billion shares worth $1.2 billion were done with 179 counters up and 293 down.