Monday, March 15, 2010

Market Daily -- 15th Mar 10

6. SIA Engineering Signs S$2.2 Billion Services Deal With Singapore Airlines

5. Singapore Feb Bunker Sales At 3.02M Tons, Down 5.9% Vs Jan
Singapore Jan-Feb Bunker Sales Up 9.6% On Yr At 6.23M Tons

4. Cosco Singapore Unit Gets Rig Contract Worth Over $500M

3. K-REIT Asia Target Cut To S$0.96 From S$1.06 By Daiwa

2. MobileOne Target Raised To S$2.26 From S$2.07 By CIMB

1. WALL STREET: Stocks mixed Friday as unexpected increase in retail sales prompted investors to move toward more economically sensitive companies although financials fell following big gains earlier in week. General Electric +3.4%, Caterpillar +2.5%. Gains came as investors suprised by Commerce Department's retail sales report, which showed retail sales rose by 0.3% in February, while economists expecting 0.3% decrease. Dow +0.1%, Nasdaq fell 0.03%