Friday, June 18, 2010

Market Daily -- 18th Jun 10

5. Silverlake Axis Started At Buy, S$0.46 Target By CIMB

4. Oceanus Group Target Cut To S$0.32 From S$0.365 By OCBC

3. Singapore Airlines Target Raised To S$18.20 From S$17.50 By CS

2. Asia Food & Properties To Sell Florentina To Golden-Agri 
 Asia Food & Properties To Sell Florentina To Golden-Agri For $142.8M

1. WALL STREET: Stocks rose on late rally despite disappointing economic data as gains in EUR after successful Spanish bond auction helped lift companies that export to Europe. Gains came despite unexpected rise in weekly jobless claims, bigger-than-expected drop in Federal Reserve Bank of Philadelphia June index of business activity for factory operators in Mid-Atlantic area, and smaller-than-expected increase in Conference Board's index of leading economic indicators. Dow +0.24%, its highest close since May 19, Nasdaq +0.1%