Monday, March 29, 2010

Market Daily -- 29th Mar 10

11. MobileOne Secures 3-Year S$250 Million Refinancing Facility

10. CapitaMall Trust Sets Up US$2B European Medium-Term Note Program

9. Neptune Orient Lines Feb 6 - March 5 Container Shipping Volume +37% On-Year

8. Fraser & Neave Target Raised To S$5.48 From S$4.80 By DBSV

7. Ascendas REIT Target Raised To S$2.29 From S$2.03 By Kim Eng

6. Noble Group Target Cut To S$3.48 From S$3.94 By RBS

5. SIA Engineering Target Raised To S$4.12 From S$3.58 By CIMB

4. Wilmar Started At Overweight, S$8 Target By Morgan Stanley

3. City Developments Target Raised To S$9.62 Vs S$9.26 By Nomura

2. ST Engineering's Unit Gets Over US$165 Million Contract

1. WALL STREET: Stocks closed mixed with materials stocks up for session, week, marking 4th straight week of gains. Alcoa, Dow's best performer, +1.1%; although worst performer for 1Q, down 13%. Stock hit by concerns in 1Q over how material demand may be impacted by tightening in China. Investors encouraged after leaders of 16-nation euro zone backed deal under which they and IMF jointly bail out Greece should its debt troubles intensify. Dow +0.1%, Nasdaq slipped 0.1%