Thursday, May 3, 2012

Market Daily -- 3rd May 12

11. Sakari Resources Target Cut To S$2.40 From S$2.70 By DBS Vickers

10. Neptune Orient Lines Up 3.2% At S$1.29 After Cancelling Service Loop

9. Sino Grandness Target Raised To S$0.39 From S$0.37 By DMG

8. China Animal Healthcare Target Cut To S$0.28 From S$0.33 By DMG

7. Osim International Started At Outperform; Target S$1.85 By CS

6. Genting Hong Kong Started At Buy, Target HK$3.70 By DBS Vickers

5. Micro-Mechanics Fair Value Raised To S$0.325 From S$0.29 By OCBC

4. CapitaLand Target Cut To S$2.00 From S$2.17 By Daiwa

3. Temasek Sells Bank of China H Shares At HK$3.13 Each Via Share Placement - Sources
Temasek Sells China Construction Bank H Shares At HK$5.99 Each Via Share Placement - Sources
Temasek Raises Total Of US$2.48 Bln Via Selling BOC, CCB H Shares - Sources

2. Ascendas REIT: To Raise S$298.5M-S$306M Through Private Placement
Ascendas REIT: To Offer 150 Mln New Units Through Private Placement 
Ascendas REIT: Seeks To Price Placement At S$1.99-S$2.04/New Unit

1. The Dow Jones industrial average .DJI dropped 10.75 points, or 0.08 percent, to 13,268.57. The Standard & Poor's 500 Index .SPX fell 3.52 points, or 0.25 percent, to 1,402.30. The Nasdaq Composite Index .IXIC gained 9.41 points, or 0.31 percent, to 3,059.85