Monday, February 20, 2012

Market Daily -- 20th Feb 12

9. Singapore Govt: 2011 Direct Investment Outflows Rise 9.7% To S$31.7 Bln

8. Olam International Target Cut To S$2.80 From S$3.40 By JPMorgan

7. STX Pan Ocean Target Cut To S$8.60 Vs S$8.70 By Nomura

6. China Aviation Oil Started At Buy, Target S$1.205 By UOB KayHian

5. Noble Group Target Raised To S$1.43 From S$0.99 By CIMB

4. Olam To Meet Bond Investors Tuesday In Singapore, HK On Perpetual Securities - Source
Olam Yet To Decide On Time, Size For Issue Of Singapore Dollar Securities - Source 

3.  Oversea-Chinese Banking 4Q Net S$594M Vs Net S$505M; Poll S$595.1M
Oversea-Chinese Banking 4Q Net Interest Income S$925M Vs S$769M
Oversea-Chinese Banking 4Q Non-Interest Income S$572M Vs S$560M
Oversea-Chinese Banking 4Q Operating Expenses S$620M Vs S$620M

2. Olam: Appoints DBS, JP Morgan, UBS To Advise Proposed SGD Perpetual Capital Securities Issue
Olam: To Launch SGD Perpetual Capital Securities Issue In Near Future 

1. The Dow Jones industrial average .DJI gained 45.56 points, or 0.35 percent, to 12,949.64. The Standard & Poor's 500 Index .SPX added 3.17 points, or 0.23 percent, to 1,361.21. The Nasdaq Composite Index .IXIC dropped 8.07 points, or 0.27 percent, to 2,951.78

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