Friday, December 21, 2012

Market Daily -- 21st Dec 12

8. Micro-Mechanics Fair Value Raised To S$0.355 From S$0.29 By OCBC

7. Jaya Holdings Reinstated At Buy With S$0.85 Target By DBS Vickers

6. Hu An Cable Target Cut To S$0.164 From S$0.19 By Phillip Securities

5. Hengyang Target Cut To S$0.27 From S$0.61 By Phillip Securities

4. Singapore Land Target Raised To S$8.20 From S$6.75 By Maybank-Kim Eng

3. UOB Target Raised to S$21.00 From S$18.00 By Phillip Securities

2. Fincantieri: In Pact to Acquire 50.75% of STX OSV
Fincantieri: To Pay S$730 Million for STX OSV Stake
Fincantieri: To Launch Open Offer for All STX OSV Shares Next Year

1. The Dow Jones industrial average .DJI gained 59.75 points, or 0.45 percent, to 13,311.72 at the close. The S&P 500 .SPX rose 7.88 points, or 0.55 percent, to 1,443.69. The Nasdaq Composite .IXIC climbed 6.02 points, or 0.20 percent, to 3,050.39.