Singapore Hot Stocks

SINGAPORE, Dec 26 (Reuters) - Shares of Singapore Airlines may be in focus on Wednesday after the world's second-largest carrier by market value said its unit has received notification of alleged infringements from the European Commission.

U.S. stocks rallied on Monday, led by financial companies, after Merrill Lynch took steps to shore up its balance sheet with plans to raise up to $6.2 billion and sell a lending unit. The market was closed on Tuesday for a Christmas.

Stocks and factors to watch:

• Singapore Airlines' cargo unit said it has received notification of alleged infringements from the European Commission in an investigation into airfreight surcharges and rates.
• Food and beverage firm BreadTalk Group has appointed Goh Tong Pak as group chief executive officer to oversee the firm's business in China, Singapore and the region.
• Shares of heart-stent maker Biosensors International Group will be halted as of 9 a.m. pending an announcement, the company said.
• Singapore's Straits Times Index gained 1.07 percent to 3,434.53 points on Monday.
• The Dow Jones Industrial Average rose 0.73 percent to end at 13,549.33. The Nasdaq Composite Index gained 0.80 percent to 2,713.50.