Monday, April 12, 2010

Market Daily -- 12th Apr 10

17. Cache Logistics Trust Opens At S$0.995 On SGX Debut Vs S$0.88 IPO

16. DBS CEO: There Are Asset Bubbles In Asia
DBS CEO: Seeing Asset Bubbles In Singapore, Hong Kong, Shanghai Markets
DBS CEO: Don't Expect Property Markets To Crash In Asia
DBS CEO: Unrest Will Hurt Thailand's Economic Prospects

15. Keppel Land Target Raised 11% To S$4.60 By UOB KayHian

14. Suntec REIT Target Raised 9% To S$1.50 By UOB KayHian

13. K-REIT Target Raised 31% To S$1.30 By UOB KayHian

12. CapitaCommercial Target Raised 30% To S$1.35 By UOB KayHian

11. Ezra Holdings Target Cut To S$2.62 From S$2.75 By DBS Vickers

10. Debao Property Opens At S$0.405 On SGX Debut Vs S$0.43 IPO

9. Cache Logistics Trust Target Set At S$1.23 By CIMB

8. Falcon Energy Started At Buy, S$0.99 Target By Kim Eng

7. Cache Logistics Trust Target Band Set At S$0.96-S$1.09 By DMG

6. Macarthur Coal: Seeks Clarification Of Noble Statement
Macarthur Coal: No Approach From Xstrata
Macarthur Coal: To Ask Noble Whether It Has Decided On Vote
Macarthur Coal: To Write To Peabody, New Hope For Other Information

4. Straits Asia Resources Started At Neutral, S$2.08 Target - DMG

3. CapitaMalls Asia: Establishes S$2B Medium-Term Note Program

2. Midas Holdings: Awarded CNY474 Mln China Metro Rail Contract

1. WALL STREET: Stocks closed at fresh 18-month highs Friday, with Dow closing just below 11,000, although it hit that level shortly before close. Gains followed rosy earnings forecast from Chevron, which lifted other energy companies. Dow's sixth-straight weekly gain, longest weekly win streak since run that ended in April 2009; now up 5.46% for year to date. Dow +0.6%, Nasdaq +0.7%