Monday, October 12, 2009

Market Daily -- 12th Oct 09

4. Indofood Agri Target Raised To S$2.20 From S$2.10 By CIMB

3. Singapore 3Q Advance GDP +14.9% On Quarter Adj, Annualized
Dow Jones Poll: 3Q GDP +14.8% On Quarter Adj, Annualized
Singapore Govt: Econ To Shrink Between 2.5% And 2.0% In 2009
Singapore Govt Previously Forecast '09 GDP To Contract 4%-6%
Singapore 3Q Advance GDP Grew 0.8% On Yr Vs 3.2% Decline In 2Q
Singapore 3Q Mfg Output Up 8.3% On Year
Singapore 3Q Svcs Output Dn 2.4% On Year
Singapore 3Q Construction Output Up 12.4% On Year

2. Singapore Air Target Raised To S$14.00 From S$12.70 By GS

1. WALL STREET: Stocks rose Friday as rally by International Business Machines, Intel drove Dow to new closing high for year. Dow +0.8% at 9864.94 - highest close since Oct. 6, 2008. Nasdaq +0.7%.