Thursday, November 25, 2010

Market Daily -- 25th Nov 10

11.  Mewah Group To Up Edible Oil Refining Capacity 2H 2012 -Executive
Mewah Group To Up Edible Oil Refining Capacity Around 18%

10.  Singapore Government: To Place 17 Sites On Confirmed List For 1H 2011 Land Supply Program
 Singapore Govt: To Place 13 Sites On Reserve List For 1H 2011 Land Supply Program
 Singapore Govt: 1H 2011 Land Supply Program Includes 17 New Sites
 Singapore: Prepared To Inject More Private Housing Supply If Demand Remains Strong 

9.  Singapore Will Take More Steps To Cool Property Market If Needed-MAS
 Singapore MAS: Property Transactions, Prices May Rise
 MAS: Global Liquidity, Low Interest Rates May Buoy Singapore Asset Prices
 Singapore MAS: Closely Monitoring Credit Market Developments
Singapore MAS: Stand Ready To Address Concerns About Credit Quality 
Singapore MAS: Uncertainty About Global Economic Recovery Remains
MAS: Singapore Economy On Track To Grow Between 13%-15% In 2010 
MAS: Singapore Economy Expected To Grow Between 4%-6% In 2011
Singapore MAS: Faltering Growth In Developed Economies May Hurt Asia 

8. TTJ Holdings Started At Hold, S$0.17 Target By CIMB

7. Starhill Global REIT Started At Buy, S$0.80 Target By Kim Eng

6. Ziwo Holdings Started At Buy, S$0.47 Target By Phillip Sec

5. Cosco Corp Target Raised To S$2.40 From S$1.25 By MS

4. Sembcorp Marine Target Raised To S$5.15 From S$4.15 By MS

3. Sembcorp Industries Target Raised To S$6.20 From S$5.15 By MS

2. Keppel Corp Target Raised To S$12.25 From S$11.00 By MS

1. WALL STREET: Stocks gained as investors geared up for holiday shopping seasons by snapping up retail stocks as latest economic data painted an improving picture for U.S. growth; Reuters/University of Michigan consumer sentiment index rose to 71.6 in November, from 67.7 in prior month, topping expectations, while number of U.S. workers filing new claims for jobless benefits fell more than expected last week to lowest level since July 2008. Dow +1.4%, Nasdaq +1.9%