Friday, October 30, 2009

Market Daily -- 30th Oct 09

11. United Overseas Bank 3Q Net S$500M Vs S$475; Poll S$422M
UOB 3Q Net Interest Income S$925M Vs S$893M
UOB 3Q Non-Net Interest Income S$396M Vs S$319M
UOB Impairment 3Q Charges +49% To S$235M

10. Singapore Sep Bank Loans S$275.89B Vs S$274.62B Aug - MAS

9. Singapore Adj 3Q Overall Unemployment Rate 3.4% vs 3.3% 2Q
Singapore Govt: 2,200 Redundancies In 3Q Vs 5,980 In 2Q
Singapore Total 3Q Employment +15,400 Vs 7,700 Fall In 2Q

8. Baring Private Equity Buys 16.5% Stake In Hsu Fu Chi

7. Noble Group Target Raised To S$3.05 From S$2.40 By Daiwa

6. Singapore Post Target Raised To S$1.09 From S$0.88 By CIMB

5. Neptune Orient Lines Target Cut To S$1.48 Vs S$1.68 By OCBC

4. China Kunda Tech Started At Buy, S$0.39 Target By Phillip Sec

3. Neptune Orient Lines Target Cut To S$1.85 Vs S$2.00 By CS

2. Hongkong Land Target Raised To US$4.50 From US$3.90 By HSBC

1. WALL STREET: Stocks gained, driven by government's first estimate on 3Q gross domestic product, which rose at a seasonally adjusted 3.5% annual rate in July through September, beating analysts' expectations. Dow ended up 2.1%, Nasdaq +1.8%