Friday, February 24, 2012

Market Daily -- 24th Feb 12

18. ST Engineering Target Raised To S$3.35 From S$3.20 By Deutsche Bank

17. Singapore January Manufacturing Output -8.8% On Year; -0.7% Expected
Singapore January Adjusted Manufacturing Output +3.3% On Month; +3.2% Expected
Singapore January Electronics Output Down 28.4% On Year
Singapore January Pharmaceuticals Output Up 32.5% On Year
Singapore January Transport Engineering Output Up 13.4% On Year
Singapore January Output Excluding Biomedical Sector Down 15.3% On Year

16. Raffles Medical Target Raised To S$2.50 From S$2.35 By Credit Suisse

15. SembCorp Marine Target Raised To S$4.70 Vs S$4.00-Credit Suisse

14. United Overseas Bank Target Raised To S$20.00 Vs S$17.70-CS

13. ST Engineering Target Raised To S$2.80 From S$2.60 By JPMorgan

12. ST Engineering Target Raised To S$3.40 From S$3.21 By UBS

11. United Overseas Bank Target Raised To S$18.10 From S$17.40 By JPMorgan

10. United Overseas Bank Target Raised To S$19.42 From S$17.69 By CIMB

9. Rotary Engineering Target Raised To S$0.63 From S$0.57 By CIMB

8. Otto Marine Target Cut To S$0.10 From S$0.12 By CIMB

7. CWT Target Raised To S$1.53 From S$0.93 By CIMB

6.  Singapore's GIC Buys 7.305 Mln Shares In Bunge For 5.0% Stake - SEC Filing

5. UOB Target Raised To S$19.50 From S$18.00 By DBS Vickers

4. Super Group Upgraded To Buy, Target Raised To S$2.08 By DMG

3. ST Engineering Fair Value Raised To S$3.32 From S$3.01 By OCBC

2. SembMarine Fair Value Raised To S$5.70 From S$5.63 By OCBC

1. The Dow Jones industrial average .DJI was up 46.09 points, or 0.36 percent, at 12,984.76. The Standard & Poor's 500 Index .SPX was up 5.79 points, or 0.43 percent, at 1,363.45. The Nasdaq Composite Index .IXIC was up 23.81 points, or 0.81 percent, at 2,956.98