Monday, August 16, 2010

Market Daily -- 16th Aug 10

15. Parkway Life REIT: Secured S$207M Refinance Facility

14.  Singapore Air: July Passenger Load Factor 82.4% Vs 79.7% Year Earlier
 Singapore Air: July Cargo Load Factor 64% Vs 63.6% Year Earlier
 Singapore Air: July Overall Load Factor 70.8% Vs 69.7% Year Earlier

13. Genting Singapore Target Raised To S$1.46 From S$1.15 By GS

12. Singapore MAS Won't Intervene In Singapore Dollar At Current Levels-Source
MAS May Intervene If US Dollar Falls 'Sustainably' Closer to S$1.3400 - Source
 MAS Sees Singapore Dollar Rise As Part Of Regional Trend After Yuan De-Peg - Source
 MAS For Now Likely To Stand Pat In October - Source

11. Kencana Agri Target Cut To S$0.35 From S$0.39 By DBS Vickers

10. First Resources Target Cut To S$1.28 Vs S$1.36 By DBS Vickers

9. Asiatravel.com Target Cut To S$0.53 From S$0.62 By Kim Eng

8. Fraser & Neave Target Raised To S$6.50 From S$4.70 By Kim Eng

7. Hong Leong Asia Target Cut To S$3.21 From S$4.86 By CIMB

6. Sino Grandness Food Target Raised To S$0.50 From S$0.40 By DMG

5. Hong Leong Asia Target Cut To S$4.88 From S$5.48 By DMG

4. Genting Singapore Target Raised To S$1.99 From S$1.35 By BNP

3. KB Financial: Overseas Expansion Through M&A Possible
 KB Financial: Could Consider Deals In Singapore, US

2. Wilmar Target Cut To S$8.20 From S$9.00 By JPMorgan

1. WALL STREET: Stocks fell slightly Friday in final session of market's worst week since early July. Declines came despite small increases in U.S. retail sales, consumer sentiment -- sales growth driven by sales of cars, gasoline, while demand fell in many other categories, adding to investors' recent worries about sustainability of economic recovery. Dow down 0.2%, Nasdaq off 0.8%