Friday, July 2, 2010

Market Daily -- 2nd Jul 10

5. China Fishery Group: Won't Proceed With Secondary Listing In Oslo

4. Bukit Sembawang Estates Target Cut To S$4.80 Vs S$5.59 - CIMB

3. Starhill Global REIT Started At Buy, S$0.65 Target By OCBC

2. Genting Singapore Target Raised To S$1.30 Vs S$1.19 -Macquarie

1. WALL STREET: Stocks fell as disappointing data on U.S. housing, job markets sparked concerns over pace of economic recovery. Declines came as data showed U.S. pending-home sales plunged 30% in May, first month after homebuyer tax credit expired. In addition Institute for Supply Management's June manufacturing index dropped more than expected, weekly jobless claims unexpectedly rose. Dow fell 0.4%, Nasdaq fell 0.4%