Thursday, May 31, 2012

Market Daily -- 31st May 12

8. Sembcorp Marine: Unfavorable Judgment From Singapore Court On Claims Against PPL Holdings
Sembcorp Marine: Will Get Legal Advice On Possible Appeal Of Singapore High Court Decision 

7. Ascendas Delays Launch Of $500M Hospitality REIT Listing In Singapore - Sources
Ascendas Hospitality REIT IPO Launch Delayed Due To Market Conditions - Sources
Ascendas Had Planned To List Hospitality REIT In Early-To-Mid June - Sources

6. Yangzijiang Shipbuilding Target Cut To S$1.30 From S$1.43 By CIMB

5. Singapore April M1 Money Supply S$130.43 Bln Vs S$128.89 Bln March

4. Singapore April Bank Loans S$435.30 Bln Vs S$432.61 Bln In March

3. United Envirotech Fair Value Cut To S$0.40 From S$0.52 By OCBC

2. Midas Holdings Target Cut To S$0.32 From S$0.41 By Maybank-Kim Eng

1. The Dow Jones industrial average .DJI lost 160.83 points, or 1.28 percent, to 12,419.86. The S&P 500 Index .SPX dropped 19.10 points, or 1.43 percent, to 1,313.32. The Nasdaq Composite .IXIC fell 33.63 points, or 1.17 percent, to 2,837.36

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