Wednesday, May 23, 2012

Market Daily -- 23rd May 12

4. Bumitama Agri Started At Overweight, S$1.14 Target - HSBC

3. Singapore Apr CPI +5.4% On Year; DJ Poll Tipped +5.3%
Singapore Apr Transportation Prices +7.5% On Year
Singapore Apr Housing Costs +11.1% On Year
Singapore April MAS Core Inflation 2.7% On Year Vs 2.9% In March
Singapore MAS, MTI: Inflation Could Average Around 5% In 1H
Singapore MAS, MTI: Inflation Expected To Gradually Ease In 2H
Singapore MAS, MTI: MAS Core Inflation To Remain Near 3% In Next Few Months
Singapore Apr Food Prices +2.4% On Year

2. Olam International Target Cut To S$2.40 Vs S$2.80 - Macquarie

1. The Dow Jones industrial average .DJI closed down 1.67 points, or 0.01 percent, at 12,502.81. The Standard & Poor's 500 Index .SPX rose 0.64 points, or 0.05 percent, at 1,316.63. The Nasdaq Composite Index .IXIC fell 8.13 points, or 0.29 percent, at 2,839.08