Monday, June 11, 2012

Market Daily -- 11th Jun 12

6. Olam Looking to Buy Indonesia Sugar Cane Plantations to Boost Output

5. Singapore Airlines Unit Scoot Not Looking at Long-Haul Flights for Now Due to High Fuel Costs - CEO
Scoot CEO: Will Await End of European Financial Crisis Before Considering Services There
Scoot CEO: Not Planning Short-Haul Flights

4. Japan Foods Holdings Target Cut To S$0.315 Vs S$0.34 By CIMB

3. Singapore May Non-Oil Exports +3.2% On Year
Singapore May Non-Oil Exports -2.1% Adj On Month
Singapore May Electronics Exports +3.9% On Year
Singapore May Non-Electronics Exports +2.8% On Year
Singapore May Pharmaceutical Exports +0.3% On Year

2. China Minzhong Target Cut To S$1.16 From S$1.50 By Maybank-Kim Eng

1. The Dow Jones industrial average .DJI rose 93.24 points, or 0.75 percent, to end at 12,554.20. The Standard & Poor's 500 Index .SPX gained 10.67 points, or 0.81 percent, to 1,325.66. The Nasdaq Composite Index .IXIC climbed 27.40 points, or 0.97 percent, to close at 2,858.42

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