Friday, April 29, 2011

Market Daily -- 29th Apr 11

8. Singapore Airlines Target Cut To S$17.00 Vs S$21.20 By Goldman

7. Singapore March Bank Loans S$343.39 Bln Vs S$334.15 Bln February

6.  Singapore 1Q Unemployment Rate Falls To 1.9% From 2.2% In 4Q Last Year
 Singapore Adds 23,700 Jobs In 1Q; 3,000 Jobs Made Redundant
 
5. CapitaRetail Target Raised To S$1.70 Vs S$1.24 By Daiwa

4. Citigroup Raises Wilmar International Target Price To S$5.60 Vs S$5.40

3. Citigroup: Sets S$2.80 Target Price For Noble; S$3.40 For Olam

2. DBS Group: 1Q Net S$807M Vs S$532M; Expected S$672M
 DBS Group: 1Q Net Interest Income S$1.12B Vs S$1.07B
DBS Group 1Q Non-Interest Income S$787M Vs S$647M
DBS Group 1Q Expenses S$773M Vs S$702M
DBS Net Interest Margin 1.80% At March Vs 1.79% At Dec 
DBS Nonperforming Loan Ratio 1.8% At March Vs 1.9% At Dec
DBS 1Q Allowances For Credit, Other Losses S$125M Vs S$355M 

1. The Dow Jones industrial average .DJI rose 72.35 points, or 0.57 percent, to 12,763.31. The Standard & Poor's 500 Index .SPX added 4.82 points, or 0.36 percent, to 1,360.48. The Nasdaq Composite Index .IXIC advanced 2.65 points, or 0.09 percent, to 2,872.53