Friday, February 17, 2012

Market Daily -- 17th Feb 12

18. Singapore Government: Total FY2012 Expenditure Estimated At S$50.28 Bln
Singapore Government: Total FY2012 Revenue Estimated At S$53.08 Bln 
Singapore Govt: Consortium Forming Project Finance Company Includes Temasek, DBS, StanChart, Sumitomo Mitsui Banking Corp

17. Singapore Deputy PM: Temasek-Led Consortium To Form Specialized Project Finance Company
Singapore Deputy PM: Project Finance Company To Have 80% Portfolio Of Cross-Border Projects 
Singapore Deputy PM: Govt To Provide Guarantee For Debt Instruments Issued By Project Finance Company
Singapore Deputy PM: Project Finance Company To Be Operational In 2H
Singapore Deputy PM: To Facilitate Development Of Gold Trading 
Singapore Deputy PM: Supply Of Investment-Grade Gold, Other Precious Metals To Be Exempt From GST

16. Singapore Deputy PM: FY 2011 Budget To Have Bigger Surplus Vs Previously Estimated
 Singapore Deputy PM: FY2011 Budget Surplus S$2.3B Vs S$0.1B Earlier Estimate
 Singapore Deputy PM: Seeing Weaker Demand In Manufacturing Sector
 Singapore Deputy PM: Asia Providing Some Lift To Domestic Economy
 Singapore Deputy PM: Labor Market Still Very Tight
 Singapore Deputy PM: Job Creation To Ease In Export Industries
 Singapore Deputy PM: Euro Zone Crisis, Iran Tensions, US Econ Remain Threats To Global Econ
 Singapore Deputy PM: Ready To Act Decisively Should Global Events Take A Sharp Turn
 Singapore Deputy PM: Have To Reduce Dependence On Foreign Labor
Singapore Deputy PM: Taking Further Measures To Reduce Inflow Of Foreign Workers 
Singapore Deputy PM: May Have To Consider Further Increases In Foreign Worker Levy Beyond July 2013

15. Neptune Orient Lines Target Raised To S$1.40 From S$1.20 By DNB Markets

14. Singapore Exchange Target Raised To S$7.90 From S$5.30 By JPMorgan

13. Hi-P International Target Raised To S$1.22 From S$0.79 By DMG

12. Chasen Holdings Fair Value Cut To S$0.565 From S$0.36 By NRA Capital

11. Singapore Exchange Target Raised To S$6.28 From S$5.43 By CIMB

10. Epicentre Target Cut To S$0.47 From S$0.60 By DMG & Partners

9. Silverlake Axis Reinstated At Buy, Target S$0.46 By DBS Vickers

8. Frasers Commercial Trust Target Raised To S$0.96 From S$0.92 By UOB-KH

7. Frasers Commercial Trust Fair Value Raised To S$0.94 From S$0.87 By OCBC

6. Roxy-Pacific Holdings Fair Value Raised To S$0.45 From S$0.41 By OCBC

5. CDL Hospitality Trusts Started At Buy, S$2.00 Fair Value By OCBC

4. SingTel Target Cut To S$2.95 From S$3.51 By Kim Eng

3. Singapore Jan Non-Oil Exports -2.1% On Year; +1.4% Expected
Singapore Jan Non-Oil Exports +0.9% Adj On Month; -5.2% Expected 
Singapore Jan Electronics Exports -10.9% On Year
Singapore Jan Non-Electronics Exports +3.3% On Year 
Singapore Jan Pharmaceutical Exports +20.2% On Year

2. Sembcorp Marine: Unit Secures US$213 Million Contract To Build Jack-Up Rig
Sembcorp Marine: Drilling Rig Order From Austria's Safin Gulf 

1. The Dow Jones industrial average .DJI gained 123.21 points, or 0.96 percent, to 12,904.16. The Standard & Poor's 500 Index .SPX climbed 14.82 points, or 1.10 percent, to 1,358.05. The Nasdaq Composite Index .IXIC rose 44.02 points, or 1.51 percent, to 2,959.85

No comments:

Post a Comment