Tuesday, May 22, 2012

Market Daily -- 22nd May 12

4. Fullerton Fund Exec: Expect China To Slow Yuan Appreciation Vs Dollar To About 3%
Fullerton Fund Exec: China Likely To Take Policy Steps To Avoid Hard Landing 
Fullerton Fund Exec: Expect Singapore MAS To Keep Local Dollar On Appreciation Path Vs Currency Basket
Fullerton Fund Exec: US Dollar Likely To Rise Vs Singapore Dollar Near Term 

3. Temasek CIO: Markets May Be Entering 'Period Of Stress' In Next 12-24 Months
Temasek CIO: China Entering Transition Toward More Balanced Econ Growth
Temasek CIO: Expect Near Term Risks And Opportunities
Temasek CIO: Will Continue To Invest, Divest Steadily 

2. Bumitama Agri Started At Buy; Target S$1.10 By UOBKayHian

1. The Dow Jones industrial average .DJI jumped 135.10 points, or 1.09 percent, to 12,504.48 at the close. The Standard & Poor's 500 Index .SPX climbed 20.77 points, or 1.60 percent, to 1,315.99. The Nasdaq Composite Index .IXIC rose 68.42 points, or 2.46 percent, to close at 2,847.21

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