Monday, November 29, 2010

Market Daily -- 29th Nov 10

14. SMRT Target Raised To S$2.05 From S$1.90 By Citi

13.  SGX: Sicom Robusta Coffee Contact Will Likely Be Delisted
 Sicom Robusta Coffee Contact Likely To Be Transferred To SGX

12. SATS Unit Acquires Japan Airlines 50.7% Stake In TFK Corp
SATS Unit Acquires JAL's Stake In TFK Corp For Y7.8B

11. Marco Polo Marine Target Cut To S$0.36 From S$0.53 By UOB

10. Suntec REIT Plans To Raise S$428.8M Via Placement
Suntec REIT Plans To Issue Up To 320 Million New Units
Suntec REIT: To Price New Units Between S$1.34-S$1.38 Each
Suntec REIT: Proceeds To Partly Fund Marina Bay Financial Centre Stake Buy 

9. Foreign Investors Raising Exposure To Asia Local Corp Bond Market-ADB
 Easing In Developed Nations Will Drive More Foreign Funds Into Asian Bonds-ADB
Rapid Growth Of Asian Corp Bond Issuance 'Major Structural Change' For Local Bond Markets-ADB
Asia Local Bonds Also Bought On Rising Currencies,Buoyant Economies-ADB
Asian Local Bonds To Finance Energy,Infrastructure Investments-ADB
Corp Issuance Growing Especially Fast In China, Indonesia, Singapore-ADB

8. China Fishery Target Raised To S$2.61 From S$1.90 By Stanchart

7. Pacific Andes Resources Target Set At S$0.47 By Stanchart

6. Asiatravel.com Target Cut To S$0.47 From S$0.62 By Kim Eng

5. Foreland Fabrictech Started At Buy, S$0.16 Target By CIMB

4. Mermaid Maritime Target Cut To S$0.46 From S$0.52 By CIMB

3. Keppel Corp Target Raised To S$13.00 From S$11.30 By RBS

2. Singapore Exchange Target Raised To S$10.37 From S$8.22 By GS

1. Stocks fell as growing worries over euro-zone debt overshadowed encouraging start to holiday shopping season. Dow down 0.9%, Nasdaq down 0.3%