Friday, April 15, 2011

Market Daily -- 15th Apr 11

9. Singapore Airlines: March Passenger Load Factor 73.2% Vs 80.8% Last Year
Singapore Airlines: March Cargo Load Factor 64.5% Vs 68.4% Last Year 
Singapore Airlines: Surcharges To Increase Between US$4 and US$32 Per Sector

8. Overseas Union Enterprise To Acquire 50% Stake In LC Airport
 LC Development: Overseas Union Enterprise To Buy Stake In LC Airport For About S$150M

7. DBS: On Track For 50 Outlets In China By 2013
DBS: To Open At Least 8 Branches, Sub-Branches In China In 2011
DBS: To Set New Outlets Mainly In Shanghai, Beijing, Guangzhou
DBS: To Double China Workforce In 2011 From Over 1000 

6. Tiong Seng Initiated At Buy With S$0.36 Target By CIMB

5. Singapore Exchange Target Cut To S$9.20 Vs S$10.60 By Citi

4. Tiger Airways Started At Sell With S$1.50 Target By UBS

3. CapitaLand: Unit Buys 40% Stake In Temasek-Owned Surbana Corp For S$360M

2. Shanmugaratnam: Japan Needs Its Economic Institutions To Evolve
 Summers: Global Current-Account Problem Going To Be Around For Long Time
 Summers: China Has Choice: Deal With Inflation Or Raise Value Of Yuan
 Economist Summers: Expects Inflation Will Force Yuan Value Rise
 Summers: Expects All Major Trade Bills To Pass US Congress
 Shanmugaratnam: Europe So Far Just 'Buying Time' With Growth, Debt Crisis Plan
 Shanmugaratnam: Sees Another Wave Of Emerging-Market Growth Outside China In Next Decade
 Shanmugaratnam: Investment Boom To Hit Emerging Markets Without Developed Financial Systems

1. The Dow Jones industrial average .DJI rose 14.16 points, or 0.12 percent, to end at 12,285.15. The Standard & Poor's 500 .SPX gained 0.11 of a point, or 0.01 percent, to 1,314.52. The Nasdaq Composite .IXIC dropped 1.30 points, or 0.05 percent, to 2,760.22.