Tuesday, July 20, 2010

Market Daily -- 20th Jul 10

12. ST Engineering Unit, Guangdong Airport Management In Joint Venture
 ST Engineering: Joint Venture Company To Have Total Investment Of US$99M
ST Engineering: Joint Venture Company To Have Total Investment Of US$99M 

11. Keppel Land: 2Q Net Profit S$70.0M Vs S$58.2M

10. Jardine Matheson Target Raised To US$39.50 Vs US$34 By Goldman

9. K-REIT Asia Target Raised To S$1.30 From S$1.10 By CLSA

8.  ADB Ups Emerging E. Asia's 2010 Growth Forecast To 8.1%, From 7.7% In April
 ADB: Emerging East Asia Growth To Slow To 7.2% In 2011
 ADB Ups 2010 Forecasts For Singapore, Philippines, Malaysia, Thailand, Indonesia
 ADB: Emerging East Asia May Need To Let Currencies Strengthen
 ADB: Risks To Asia Include Capital Flows, Europe Debt Turmoil

7. Neptune Orient Lines Target Cut To S$2.25 From S$2.50 By CIMB

6. K-REIT Asia Target Raised To S$1.21 From S$1.01 By CIMB

5. Sembcorp Industries Started At Buy, S$5.10 Target -Phillip Sec

4.  Temasek: Sterling Bonds Issued In Response To Enquiries From UK-Based Institutional Investors
 Temasek: Sterling Bond Issues Were Oversubscribed

3. Genting Singapore Target Raised To S$1.30 From S$1.20 By CLSA

2. City Developments Target Raised To S$13.18 From S$11.37 By CS

1. WALL STREET: Stocks notched modest gains as investors sifted through mixed earnings, weak index of housing sentiment to pin hopes on strong quarterly reports later this week. Better-than-expected earning from oilfield services company Halliburton helped lift energy stocks. Dow +0.6%, Nasdaq +0.9%