Monday, May 24, 2010

Market Daily -- 24th May 10

7. Singapore April CPI +3.2% Vs +2.6% Dow Jones Poll
 Singapore Adjusted April CPI Up 0.5% On Month Vs +0.3% Poll
 Singapore April Transport Costs Up 13.4% On Year
 Singapore April Food Costs Up 1.2% On Year
Singapore April Housing Costs Up 2.9% On Year 

6. Singapore Exchange Target Cut To S$8.22 From S$8.60 By Goldman

5. Cache Logistics Trust Target Set At S$1.08 By Macquarie

4. ARA Asset Management Target Set At S$1.26 By Macquarie

3. Allgreen Properties Target Cut To S$0.93 From S$1.38 By Citi

2. Wilmar Target Cut To S$7.15 From S$7.95 By OCBC

1. U.S. SUMMARY: NEW YORK (Dow Jones)--Stocks closed higher Friday, led by financial companies after Senate passed financial overhaul bill. Rise in financials came as Senate's passage of bill removed some uncertainty plaguing sector for months; bill still needs reconcilation with one passed by House in December. Dow +1.3%, Nasdaq +1.1%