Wednesday, May 30, 2012

Market Daily -- 30th May 12


5. S&P Executive Says Major China Stimulus Unlikely
S&P Executive Says China Will Opt For Targeted Stimulus 
S&P Executive Says European Crisis Could Get A Lot Worse

4. Cordlife Group Started At Increase Exposure, S$0.69 Intrinsic Value By SIAS

3. Biosensors International Target Cut To S$1.82 From S$1.98 By CIMB

2. Olam International Fair Value Cut To S$1.86 From S$2.24 By OCBC

1. The Dow Jones industrial average .DJI rose 125.86 points, or 1.01 percent, to 12,580.69. The S&P 500 Index .SPX added 14.60 points, or 1.11 percent, to 1,332.42. The Nasdaq Composite .IXIC gained 33.46 points, or 1.18 percent, to 2,870.99