Tuesday, March 20, 2012

Market Daily -- 20th Mar 12



8. RBS Winding Down Cash Equities Business In South Korea, Indonesia, Singapore
RBS Shutting Corporate Finance And ECM Business In South Korea 

7. Yangzijiang Target Raised To S$1.25 From S$1.20 By Citigroup

6. ARA Asset Management Mulls Yuan REIT IPO In Singapore - Sources
ARA Asset Management Plans To Put Dragon Fund II Assets In Singapore Yuan REIT - Sources
ARA Asset Management Yuan REIT IPO Likely This Year - Sources
Citigroup, DBS, Standard Chartered Advising ARA On Singapore IPO - Sources

5. STX OSV Gets KRW230B Offshore Subsea Construction Vessel Order In Norway
STX OSV To Build 2 Offshore Vessels, Each For DOF, Island Offshore 
STX OSV To Deliver Offshore Vessels Between 2Q 2013 And 1Q 2014

4. Roxy-Pacific Holdings Fair Value Raised To S$0.62 From S$0.45 By OCBC

3. STX OSV: Gets NOK650M Contract To Build Offshore Subsea Construction Vessel For DOF

2. Cambridge Industrial Trust Target Cut To S$0.56 Vs S$0.57 -Daiwa

1. The Dow Jones industrial average .DJI edged up 6.51 points, or 0.05 percent, to 13,239.13 at the close. The S&P 500 Index .INX gained 5.58 points, or 0.40 percent, to 1,409.75. The Nasdaq Composite .IXIC rose 23.06 points, or 0.75 percent, to 3,078.32