Monday, April 30, 2012

Market Daily -- 30th Apr 12

11. DBS Target Raised To S$14.60 From S$13.90 By DMG & Partners

10. DBS Group Target Raised To S$18.50 From S$17.00 By JPMorgan

9. CapitaRetail China Trust Target Raised To S$1.48 Vs S$1.31 By DBS Vickers

8. Singapore MAS: Inflation To Stay Elevated In Coming Months, Ease Gradually Over 2012
MAS: Expect Singapore 2012 Average Inflation 3.5%-4.5%
MAS: Upside Risks To Inflation In Asia Remain
MAS: Elevated Crude Oil Prices Could Pose Risks To Global Inflation
MAS: Expect Local Economy To Expand 1%-3% In 2012
MAS: Pace Of Local Econ Recovery In 2012 To Stay Relatively Subdued
MAS: Global Economy To Resume Steady But Sub-Par Growth In 2012
MAS: Expect Moderate Growth In US Economy, Mild Recession In Europe
MAS: Singapore Foreign Worker Policy Tightening Could Hurt Short-Term Profitability
MAS: Singapore Labor Market To Remain Tight On Supply Constraints

7. Ho Bee Investments Target Raised To S$1.28 From S$1.16 By CIMB

6. Singapore March M1 Money Supply S$128.89 Bln Vs S$127.81 Bln February
Singapore March Bank Loans S$432.61 Bln Vs S$426.36 Bln In Feb 

5. Singapore 1Q Unemployment Rate 2.1% Vs 2.0% In 4Q11
Singapore's Employed Increase By 27,400 In 1Q; 2,700 Made Redundant 

4. DBS Group Target Raised To S$19.50 From S$16.20 By UOB KayHian

3. DBS Group Target Raised To S$12.10 From S$11.50 By Maybank-Kim Eng

2. Venture Corp Target Raised To S$9.65 From S$9.17 By Maybank-Kim Eng

1. The Dow Jones industrial average was up 23.69 points, or 0.18 percent, at 13,228.31. The Standard & Poor's 500 Index was up 3.38 points, or 0.24 percent, at 1,403.36. The Nasdaq Composite Index was up 18.59 points, or 0.61 percent, at 3,069.20