Friday, December 14, 2012

Market Daily -- 14th Dec 12

7. Singapore Govt: To Release 12 Confirmed Private-Residential Sites in 1H 2013
Singapore Govt: To Release 1 Confirmed Commercial, Residential Site in 1H 2013
Singapore Govt: To Release 19 Reserved Land Sites in 1H 2013
Singapore Govt: Sites to Yield About 14,000 Private Homes 

6. Hi-P International Target Cut To S$0.59 From S$0.74 By OSK-DMG

5. Mermaid Maritime Target Raised To S$0.38 From S$0.31 By UOB KayHian

4. City Developments Fair Value Raised To S$13.96 From S$13.18 By OCBC

3. SIA Engineering Target Raised To S$4.95 From S$4.17 By Maybank-Kim Eng

2. Gallant Venture: To Acquire 52.4% of PT Indomobil Sukses Internasional for $809.3M
Gallant Venture: Seeks to Raise S$675.5 Mln Through 1-for-1 Rights Issue 

1. The Dow Jones industrial average .DJI tumbled 74.73 points, or 0.56 percent, to 13,170.72 at the close. The Standard & Poor's 500 Index .SPX fell 9.03 points, or 0.63 percent, to 1,419.45. The Nasdaq Composite Index .IXIC slid 21.65 points, or 0.72 percent, to end at 2,992.16

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