Tuesday, June 26, 2012

Market Daily -- 26th Jun 12

11. PEC Ltd Fair Value Cut To S$0.64 From S$0.73 By AmFraser

10. Dyna-Mac Holdings Fair Value Raised To S$0.36 From S$0.34 By AmFraser

9. Genting Group Applies To Lift Stake In Echo Entertainment - Regulator

8. Cosco Corp Fair Value Cut To S$0.84 From S$0.98 By OCBC

7. City Developments Fair Value Raised To S$11.53 From S$8.92 By OCBC

6. Singapore May Manufacturing Output +6.6%; +4.5% Expected
Singapore May Adj Manufacturing Output +1.8% on Month; +0.2% Expected
Singapore May Electronics Output -9.7% on Year
Singapore May Pharmaceuticals Output +39.1% on Year
Singapore May Transport Engineering Output +35.4% on Year
Singapore May Output Excluding Biomedicals +2.0% on Year 

5. Lippo Malls Indonesia Retail Trust Seeks to Sell Benchmark 3-Year, 5-Year Bonds - Term Sheet
Lippo Malls Indonesia Seeks to Price 3-Year Tranche Around 5.0%, 10-Year Tranche Around 6.0% - Term Sheet 

4. Sembcorp Industries Target Raised To S$6.00 From S$5.80 By DBS Vickers

3. K-REIT Asia Target Raised To S$1.02 From S$0.95 By UOB KayHian

2. Raffles Medical Target Trimmed To S$2.71 Vs S$2.73 By Maybank-Kim Eng

1. The Dow Jones industrial average .DJI dropped 137.97 points, or 1.09 percent, to 12,502.81. The Standard & Poor's 500 Index .SPX lost 21.30 points, or 1.60 percent, to 1,313.72. The Nasdaq Composite Index .IXIC declined 56.26 points, or 1.95 percent, to 2,836.16