Thursday, September 2, 2010

Market Daily -- 2nd Sep 10

5. NTUC FairPrice, Dairy Farm Bid For Carrefour Singapore, Malaysia Assets - Source

4. China Minzhong Food Started At Outperform, S$1.52 Target -CIMB

3. Renewable Energy Asia Started At Buy, S$0.50 Target By Kim Eng

2. DBS Target Raised To S$16.00 From S$15.30 By Nomura

1. WALL STREET: Stocks rallied in strong start to September after manufacturing data topped expectations. Industrial, financial sectors posted biggest increases. While there were some weak spots; U.S. construction spending declined in July to lowest level in 10 years, payroll giant Automatic Data Processing said private-sector jobs in U.S. fell by 10,000 during August. Dow +2.5%, Nasdaq +3.0%