Tuesday, March 13, 2012

Market Daily -- 13th Mar 12



12. Singapore MAS Exec: Global Economic Recovery Faces Intensifying Threats
MAS Exec: Euro Zone Expected To Enter Mild Recesssion This Year 
MAS Exec: Global Optimism Dampened By Higher Oil Prices
MAS Exec: Islamic Finance Groups Should Consider Trade Finance As Source Of Growth 
MAS Exec: Trade Finance Globally Faces Funding Pressures

11. Berlian Laju Tanker: Obtains Court Orders To Stay Legal
Berlian Laju Tanker: Sought Singapore High Court Order To Prevent Vessels Being Impounded 

10.  Singapore Feb Bunker Sales At 3.09M Tons, Down 15.7% Vs Jan
 Singapore Jan-Feb Bunker Sales Down 2.2% On Yr At 6.76M Tons

9. CH Offshore Target Raised To S$0.50 From S$0.43 By DBS Vickers

8. Smartflex Holdings Downgraded To Hold, Target Raised To S$0.144 By CIMB

7. Mann Seng Metal Downgraded To Hold, Target Cut To S$0.133 By CIMB

6.  DBS Group Target Raised To S$17.30 From S$14.25 By Nomura

5. Mapletree Logistics Trust Target Raised To S$1.05 From S$1.00 By UOB-KH

4. CapitaMall Trust: Prices US$400M 2018 Fixed-Rate Note Issue

3. Sembcorp Marine: Got US$385.5 Mln Contract To Build Rig For Helix Energy

2. Cosco Corp Target Raised To S$1.01 Vs S$0.75 By Daiwa

1. The Dow Jones industrial average .DJI added 37.69 points, or 0.29 percent, to 12,959.71 at the close. The Standard & Poor's 500 Index .SPX inched up just 0.22 of a point, or 0.02 percent, to 1,371.09. But the Nasdaq Composite Index .IXIC dipped 4.68 points, or 0.16 percent, to close at 2,983.66

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