Thursday, April 26, 2012

Market Daily -- 26th Apr 12

13. CDL Hospitality Target Raised To S$1.95 From S$1.82 By DBS Vickers

12. CapitaMalls Asia Target Raised To S$1.83 From S$1.73 By CICC

11. Singapore March Manufacturing Output Down 3.4% On Year; Down 6.0% Expected
 Singapore March Adjusted Manufacturing Output +2.7% On Month; -1.4% Expected
Singapore March Electronics Output Down 15.9% On Year 
Singapore March Pharmaceuticals Output Down 6.3% On Year 
Singapore March Transport Engineering Output Up 20.8% On Year
Singapore March Output Excluding Biomedicals Down 3.4% On Year 

10. Sheng Siong Group Target Cut To S$0.47 From S$0.49 By DBS Vickers

9. Tat Hong Target Raised To S$1.08 From S$0.97 By DBS Vickers

8. Sheng Siong Group Target Cut To S$0.49 From S$0.51 By CIMB

7. Ascott Residence Trust Target Raised To S$1.18 From S$1.09 By CIMB

6. Singapore Housing & Development Board Issues S$800M 10-Year, 2.185% Notes
Singapore Housing & Development Board Issues S$360M 5-Year, 1.165% Notes 

5. SBI Offshore Started At Buy, Target S$0.34 By DMG & Partners

4. Sakari Resources Target Cut To S$2.50 From S$2.80 By DMG

3. Singapore Airlines Target Cut To S$11.05 From S$14.40 By Kim Eng

2. ADB's Azis: May See Intense Capital Inflows To Emerging Markets This Year
 ADB: Euro-Zone Sovereign Debt Problems Likely To Spur New Market Instability
 ADB Azis: Asian Nations May Now Be More Willing To Let Their Currencies Rise
ADB: China, Indonesia May Have Stepped Up Currency Intervention In 4Q 
ADB Azis: Basel III Could Spur More Bond Issuance In Export-Oriented Countries
ADB: Inflows To Push Down On Emerging East Asian Local Currency Bond Yields 

1. The Dow Jones industrial average .DJI shot up 89.16 points, or 0.69 percent, to 13,090.72 at the close. The Standard & Poor's 500 Index .SPX rose 18.72 points, or 1.36 percent, to 1,390.69. The Nasdaq Composite Index .IXIC jumped 68.03 points, or 2.30 percent, to 3,029.63, and scored its best daily percentage gain since December 20