Monday, May 14, 2012

Market Daily -- 14th May 12


18. Singapore Apr Bunker Sales At 3.74M Tons, Up 3.5% Vs Mar
Singapore Jan-Apr Bunker Sales Up 3.1% On Yr At 14.11M Tons 

17. Singapore Trade Minister: Expect Inflation To Stay At About 5% In Next Few Months
 Singapore Trade Minister: Expect Inflation To Ease Gradually In 2H 2012
Singapore Trade Minister: Expect 2012 CPI Inflation Between 3.5%-4.5%
Singapore Minister: Car, Rented Housing Costs To Account For Over 50% Of 2012 Inflation
Singapore Trade Minister: Using Fiscal, Macroprudential Steps To Damp Inflation Pressures
Singapore Trade Minister: Studying Ways To Ease Costs Of Car-Ownership Rights

16. Amtek Engineering Target Raised To S$0.82 From S$0.75 By DBS Vickers

15. CSE Global Target Raised To S$0.90 From S$0.82 By DBS Vickers

14. China Fishery Group Target Cut To S$1.08 from S$1.82 By UOB KayHian

13. Super Group Target Raised To S$2.55 From S$2.24 By UOB KayHian

12. Sembcorp Industries Target Cut To S$5.20 From S$5.50 By UOB KayHian

11. Frasers Commercial Trust Target Raised To S$1.14 From S$0.96 By CIMB

10. Neptune Orient Lines Target Cut To S$1.15 From S$1.65 By CIMB

9. SingTel Target Cut To S$3.35 From S$3.49 By Credit Suisse

8. OCBC Target Raised To S$10.00 From S$9.00 By Daiwa

7.  Hu An Cable Target Cut To S$0.22 From S$0.38 By CIMB

6. UOL Group Fair Value Raised To S$4.80 From S$4.77 By OCBC

5. China Fishery Target Cut To S$1.20 From S$1.40 By DMG & Partners

4. Fraser & Neave Fiscal 2Q Net S$103.5 Mln Vs S$131.2 Mln

3.  Sembcorp Industries Target Raised To S$6.20 From S$4.23 By Maybank-Kim Eng

2. Goodpack Target Cut To S$2.50 From S$2.65 By Maybank-Kim Eng

1. The Dow Jones industrial average .DJI fell 34.44 points, or 0.27 percent, to close at 12,820.60. The Standard & Poor's 500 Index .SPX declined 4.60 points, or 0.34 percent, to 1,353.39. But the Nasdaq Composite Index .IXIC inched up just 0.18 of a point, or 0.01 percent, to end at 2,933.82.