Monday, March 19, 2012

Market Daily -- 19th Mar 12

8. Reliance Communications Seeks Listing OK For $1.5B IPO Of Undersea Assets In Singapore - Sources
Reliance Communications Expects Approval In About 5 Weeks - Source 

7. WTO Director-General: World Economy Not Yet Out Of The Woods
WTO Lamy: Need More Global Cooperation To Exit Crisis Soon
WTO Lamy: Basel Treatment Of Trade Finance Still Too Cautious
WTO Lamy Tips 2012 World Trade Growth Double Economic Growth
WTO Lamy: Taking 'Piecemeal' Approach To Doha For Now
WTO Lamy: Have Always Fulfilled The Mandates I've Been Given

6. Myanmar Considering Plans to Open Telecom Market - Myanmar Official
Myanmar Could Allow Four New Telecom Licenses - Myanmar Official
Analysts Expect Other Reforms In Myanmar, Including Possible Currency Float As Early As April

5. STX OSV Target Raised To S$2.02 From S$1.84 By CIMB

4. Kencana Agri Target Cut To S$0.30 From S$0.35 By DBS Vickers

3. Osim International Started At Buy, Target S$2.02 By Kim Eng

2. Olam: Sets Up JV With Gabon Govt To Develop Rubber Plantations
Olam: Invests US$183M In JV With Gabon Govt To Develop Rubber Plantations 
Olam: To Hold 80% Interest In JV, Gabon Government To Hold 20%

1. The Dow Jones industrial average .DJI slipped 20.14 points, or 0.15 percent, to 13,232.62 at the close. The Standard & Poor's 500 Index .SPX edged up 1.57 points, or 0.11 percent, to 1,404.17 - its highest close since May 20, 2008. The Nasdaq Composite Index .IXIC dipped 1.11 points, or 0.04 percent, to 3,055.26