Monday, January 11, 2010

Market Daily -- 11th Jan 10

16. Singapore Trade Minister: Global Economy Turning Around
Singapore Trade Minister: Recovery In 2010 To Be Uneven
Singapore Min:Sequential GDP Fall In 4Q Not A Cause For Concern
Singapore Min: Business Sentiment Have Improved In Recent Months
Singapore Min: 2010 CPI Forecast Range Remains At 2.5%-3.5%
Singapore Trade Minister: Double-Dip Recession Not Likely
Singapore Min: Growth In 2010 2H May Slow As Stimulus Wanes
Singapore Financial Firms Well-Positioned For Basel II -Minister

15. Hoe Leong Corp Started At Buy, S$0.61 Target By DMG

14. ST Engineering Target Raised To S$3.77 From S$3.41 By CLSA

13. SouthGobi Energy HK IPO Seeks Up To US$531M - Source
CIC,Temasek To Each Invest US$50M In SouthGobi HK IPO - Source

12. Hong Leong Asia Restarted At Buy, S$4.08 Target By DBS Vickers

11. Singapore Dec Bunker Sales At 3.18M Tons, Up 10.4% Vs Nov
Singapore Jan-Dec Bunker Sales Up 4.2% On Yr At 36.39M Tons

10. Otto Marine Started At Buy, S$0.64 Target By Kim Eng

9. ComfortDelgro Target Raised To S$1.74 Vs S$1.49 By Kim Eng

8. SMRT Target Raised To S$2.22 Vs S$2.09 By Kim Eng

7. Frasers Centrepoint Target Raised To S$1.49 Vs S$1.30 By OCBC

6. China Sports Target Raised To S$0.35 Vs S$0.26 By DBS Vickers

5. Parkway Hldgs Target Raised To S$3.19 Vs S$2.37 By Macquarie

4. Singapore Exchange Target Cut To S$8.60 From S$8.88 By GS

3. China Taisan Tech Started At Buy, S$0.36 Target By UOB KH

2. JPMorgan Raises Frasers Centrepoint Trust Target To S$1.65

1. WALL STREET: Stocks closed higher on Friday reaching new 15-month high despite bigger-than-expected job loss in December. Gains came despite government's report of more job losses last month than economists had expected, although report also showed November's figures were revised up to show small job growth. Dow +0.1%, Nasdaq +0.7%