Tuesday, June 12, 2012

Market Daily -- 12th Jun 12

5. Singapore Govt: In Talks With US On Getting Exempted From Iran Oil-Related Sanctions
Singapore Govt: MAS Reminds Financial Institutions To Step Up Due Diligence On Iran-Related Business Deals 
Singapore Govt: Iran Accounted for 1% of Singapore Crude Oil Imports in Last 2 Yrs

4. Sakari Resources Fair Value Cut To S$1.46 From S$1.89 By AmFraser

3. Global Logistic Properties: Signs 20-Year Lease Deal With Beijing Aviation Ground Service
Global Logistic Properties: Lease Deal Worth $134M For First 10 Years 

2. Mewah International: Sets Up S$800M Multicurrency Medium-Term Note Program

1. The Dow Jones industrial average .DJI dropped 142.97 points, or 1.14 percent, to 12,411.23. The Standard & Poor's 500 Index .SPX fell 16.73 points, or 1.26 percent, to 1,308.93. The Nasdaq Composite Index .IXIC lost 48.69 points, or 1.70 percent, to 2,809.73