Wednesday, June 1, 2011

Market Daily -- 1st Jun 11

10. Consciencefood Target Raised to S$0.35 Vs S$0.26 By DBSV

9. Australand, GIC Establish Logistics Joint Venture
Australand: Joint Venture To Have Target Investment Size Of A$450M
Australand: Joint Venture To Initially Invest In 8 Industrial Assets
Singapore GIC To Hold 80.1% Stake, Australand 19.9% Stake In Joint Venture 

8. Global Logistic Properties Target Cut To S$2.62 Vs S$2.95 By Citi

7. Leighton JV To Deliver A$130M Singapore Rail Project

6. Australia's Treasury Says RBA, ASIC Advised ASX-SGX Merger Posed Systemic Rick
Australia's Treasury Says Clearing, Settlement Remains A Major Issue 
Australia's Treasury Wants To Empower Regulators On Clearance, Settlement
Australia's Treasury Says There Were Other Clear Arguments To Block ASX-SGX
Australia's Treasury Takes Into Account Govt Stakes In Investment Approvals 

5. Sarin Technologies Started At Buy With S$0.91 Target By Kim Eng

4. International Container Terminal Services: Makes Cash Offer For Portek International
ICTSI: To Offer S$1.20/Share For Portek International
ICTSI Offer Values Portek At About S$180.5 Mln 

3. CapitaLand: To Develop S$1.5 Bln Mixed Commercial Project In Singapore

2. Singapore Exchange: To Start Clearing Asian FX Forwards By September

1. The Dow Jones industrial average .DJI shot up 128.21 points, or 1.03 percent, to 12,569.79. The Standard & Poor's 500 Index .SPX gained 14.10 points, or 1.06 percent, to 1,345.20. The Nasdaq Composite Index .IXIC rose 38.44 points, or 1.37 percent, to 2,835.30