SINGAPORE, July 21 (Reuters) - Sembcorp Marine <SCMN.SI> may 
be in focus on Monday after it announced its unit PPL Shipyard 
has won a contract to build a $220 million jack-up rig for the 
Egyptian Drilling Company. 
     U.S. stock market investors will scrutinize a raft of 
regional bank earnings this week for more write-offs that could 
send the market tumbling. 
    The S&P 500 and the Nasdaq snapped a six-week losing streak 
on Friday with stronger-than-expected results from financials 
such as Citigroup, JPMorgan Chase and Wells Fargo. 
----------------------MARKET SNAPSHOT @ 0016 GMT ------------ 
                    INSTRUMENT   LAST       PCT CHG   NET CHG 
S&P 500             <.SPX>       1260.68      0.03%     0.360 
USD/JPY             <JPY=>       106.87      -0.06%    -0.060 
10-YR US TSY YLD    <US10YT=RR>  4.0966          --     0.008 
SPOT GOLD           <XAU=>       957.6        0.35%     3.300 
US CRUDE            <CLc1>       129.64       0.59%     0.760 
DOW JONES           <.DJI>       11496.57     0.44%     49.91 
ASIA ADRS           <.BKAS>      144.38      -1.05%     -1.53 
------------------------------------------------------------- 
> US STOCKS-Stocks eye banks, short-sale rule                [.N] 
> FOREX-Dollar nudges up in Asia, wary of bank results     [USD/] 
> TREASURIES-Bonds fall for 3rd day on easing credit fears  [US/] 
> Gold ends lower as global market fears lessen            [GOL/] 
> Oil up over $1 on Iran talks, Mexico Gulf storm           [O/R] 
    Stocks and factors to watch: 
    --Sembcorp Marine <SCMN.SI> 
    - Sembcorp Marine said on Monday that its unit PPL Shipyard 
has won a contract to build a $220 million jack-up rig for the 
Egyptian Drilling Company. [ID:nSIN80242]. 
    -- Mapletree Logistics Trust <MAPL.SI> 
    - Mapletree Logistics Trust reported on Sunday a 
distributable income of S$22.6 million for the second quarter 
ended June 30, up 28 per cent from the corresponding period last 
year helped by more industrial properties added to its portfolio. 
[ID:nSN7K70021] 
    -- Aztech <AZTS.SI> 
    - Electronics manufacturer Aztech's chairman and chief 
executive Michael Mun said the firm's new construction material 
supply and marine logistics businesses can each match the current 
turnover of its mainstay technology business. 
    "The three core businesses should add up to at least twice or 
thrice of our current performance. That's what I foresee in two 
to three years," Mun told The Business Times in an interview. 
Aztech had posted revenues of S$268.3 million ($198.6 million) in 
its fiscal 2007. 
    - Singapore's benchmark Straits Times Index <.FTSTI> fell 
0.57 percent to 2,847.73 points on Friday. 
    - The Dow Jones Industrial Average <.DJI> rose 0.44 percent 
to 11,496.57 points and the Nasdaq Composite Index <.IXIC> lost 
1.28 percent to 2,282.78 points. 
 (Reporting by Daryl Loo; Editing by Kevin Lim) 
 (([email protected]; +65 6403 5663; Reuters 
Messaging: [email protected])) 
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