Friday, June 22, 2012

Market Daily -- 22nd Jun 12

6. Sakari Resources Target Cut To S$2.00 From S$2.50 By DMG & Partners

5. OCBC Target Cut To S$9.51 From S$10.35 By CIMB

4. Orchard Parade: Hospitality Spinoff REIT Likely to List in 2H 2012
Orchard Parade: Far East Hospitality Trust to Hold 7 Hotels, 4 Serviced Residences in Initial Portfolio
Orchard Parade's Hospitality REIT IPO Likely to Raise Between S$500M-S$600M - Sources
Orchard Parade in Talks with Cornerstone Investors for Singapore REIT IPO - Source 

3. Maxi-Cash Up 26.7% at S$0.38 on Debut From S$0.30 IPO Price

2. Super Group Target Raised To S$1.95 From S$1.55 By Maybank-Kim Eng

1. The Dow Jones industrial average .DJI was down 251.35 points, or 1.96 percent, at 12,573.04. The Standard & Poor's 500 Index .SPX was down 30.19 points, or 2.23 percent, at 1,325.50. The Nasdaq Composite Index .IXIC was down 71.36 points, or 2.44 percent, at 2,859.09

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