Friday, April 13, 2012

Market Daily -- 13th Apr 12

16. First Resources Target Raised To S$2.30 From S$2.00 By Macquarie

15. Singapore Mar Bunker Sales At 3.61M Tons, Up 16.7% Vs Feb
Singapore Jan-Mar Bunker Sales Down 0.6% On Yr At 10.37M Tons 

14. Indofood Agri Target Raised To S$1.75 From S$1.74 By Macq

13. FJ Benjamin Target Raised To S$0.45 From S$0.43 By UOB KayHian

12. Keppel Corp Target Raised To S$13.20 From S$12.34 By DBS Vickers

11. Keppel Corp Fair Value Raised To S$13.38 From S$12.27 By OCBC

10. Ezra Holdings Target Cut To S$1.10 From S$1.18 By DMG

9. Ezra Holdings Fair Value Raised To S$1.35 From S$1.28 By OCBC

8. Ezra Holdings Target Cut To S$1.44 From S$1.50 By UOB KayHian

7. US: North Korea Fired A Ballistic Taepodong-2 Missile
 US: North Korea Further Isolating Itself With Rocket Launch
 US: North Korea Actions Contravenes Own Recent Commitment
 White House Issues Statement On North Korea Rocket Launch
 White House: US Remains Vigilant 'In Face Of North Korea Provocations'
 White House: North Korea Action 'Not Surprising'
White House: North Korea Behavior Of Concern To International Community 
White House: US Fully Committed To Security Of Allies
White House: North Korea Wasting Money On Propaganda, Weapons 
White House: North Korea Spending Money As People Go Hungry
White House: North Korea Pursuit Of Nuclear Weapons Have Brought No Security 
White House: North Korea Can Only Find Security By Meeting Int Obligations

6. Sakari Resources Target Cut To S$2.55 From S$3.70 By UBS

5. Civmec Up 51.3% At S$0.60 From S$0.40 IPO Price In Strong SGX Debut

4. Singapore Central Bank Tightens Currency Policy
 Singapore Central Bank Increases Slope Of Singapore Dollar Band 'Slightly'
 Singapore Central Bank Restores Narrower Singapore Dollar Trading Band
 Singapore Central Bank: 'Policy Stance Will Help Anchor Inflation Expectations'
 Singapore Central Bank Raises 2012 Core Inflation Forecast To 2.5%-3% Vs 1.5%-2%
 Singapore Central Bank: Core Inflationary Pressures Have Persisted But Will Likely Ease In 2H
 Singapore Central Bank: Global Growth Likely To Remain Below Trend Near Term
 Singapore Central Bank: Singapore Economy Expected To Grow At Modest Pace In 2012
Singapore Central Bank: Risks In Key Industrial Economies Have Receded 
Singapore Central Bank Revises 2012 CPI Inflation Forecast To 3.5%-4.5% Vs 2.5%-3.5%

3. Singapore 1Q GDP +9.9% On Qtr, Adjusted, Annualized; Poll Tipped +6.3%
 Singapore 1Q GDP +1.6% On Year; Poll Tipped +0.7%
 Singapore 1Q Manufacturing Output -2.0% On Year
 Singapore 1Q Services Output +2.9% On Year
 Singapore 1Q Construction Output +6.2% On Year

2. Keppel Corp Target Raised To S$13.20 From S$12.60 By Kim Eng

1. The Dow Jones industrial average .DJI jumped 181.19 points, or 1.41 percent, to end at 12,986.58. The Standard & Poor's 500 Index .SPX gained 18.86 points, or 1.38 percent, to 1,387.57. The Nasdaq Composite Index .IXIC climbed 39.09 points, or 1.30 percent, to 3,055.55