Monday, April 23, 2012

Market Daily -- 23rd Apr 12

9. Singapore Mar CPI +5.2% On Year; DJ Poll Tipped +4.7%
Singapore Mar Adjusted CPI +1.0% On Month; Poll Tipped +0.4%
Singapore Mar Transportation Prices +8.6% On Year
Singapore Mar Housing Costs +9.1% On Year
Singapore Mar Food Prices +2.7% On Year
Singapore March MAS Core Inflation 2.9% On Year Vs 3.0% In February
Singapore MAS, MTI: Consumer Price Inflation Likely Elevated Over Next Few Months 
Singapore MAS, MTI: Consumer Price Inflation Could Average Around 5% On Year In 1H
Singapore MAS, MTI: Consumer Price Inflation Likely To Ease Gradually In 2H
Singapore MAS, MTI: 2012 Average MAS Core Inflation Likely 2.5%-3.0%
Singapore MAS, MTI: 2012 Average Consumer Price Inflation Likely 3.5%-4.5%

8. STX Pan Ocean Target Cut To S$7.70 From S$9.00 By Nomura

7. Neptune Orient Target Raised To S$1.20 Vs S$1.00-Nomura

6. Mapletree Logistics Trust Target Raised To S$1.07 From S$1.00 By CIMB

5. CapitaCommercial Trust Target Raised To S$1.35 From S$1.27 By DB

4. First REIT Fair Value Raised To S$0.935 From S$0.89 By OCBC

3. IMF Chief: We Need Credible Medium-Term Strategy To Reduce Debt
IMF Chief: Not All Countries Should Reduce Debt At Same Speed
Singapore Finance Minister: Margin For Stimulus Spending Very Limited

2. CapitaCommercial Trust Target Cut To S$1.06 From S$1.25 By Kim Eng

1. At the close, the Dow Jones industrial average .DJI was up 65.16 points, or 0.50 percent, at 13,029.26. The Standard & Poor's 500 Index .SPX was up 1.61 points, or 0.12 percent, at 1,378.53. The Nasdaq Composite Index .IXIC was down 7.11 points, or 0.24 percent, at 3,000.45