Monday, January 10, 2011

Market Daily -- 10th Jan 11

14. Bukit Sembawang Target Raised To S$5.86 Vs S$4.80 By CIMB

13.  Singapore Minister: Inflation Expected To Rise Further In 1Q 2011
 Singapore Fin Min: External Factors Continue To Impact Inflation
 Singapore Fin Min: Analysts Believe Low Interest Rates May Persist For A While
 Singapore Fin Min: Food Price Inflation Is A Concern
 Singapore Min: Need To Be Watchful For 'Overheating Risks'
 Singapore Ministers Were Speaking In Parliament 

12. Great Eastern Holdings: Established S$1B Multicurrency Medium-Term Note Program

11.  Mapletree Commercial Trust Seeks To Launch S$1 Bln IPO In March - Sources
 Mapletree Commercial Trust Asset Portfolio Valued At About S$2.5B - Sources
 Mapletree Commercial Trust Plans To Meet Cornerstone Investors In Jan, Feb - Sources

10. Hyundai Engineering Gets $350M Building Order From Singapore
Hyundai E&C Gets Building Order From Asia Square Tower2 Pte. Ltd
Hyundai E&C Plans To Complete Building Construction By 2013
Asia Square Tower2 Is Singapore Unit Of Macquarie Global Property Advisor 

9. Wilmar Target Cut To S$5.70 From S$7.00 By UBS

8. STX OSV Initiated Ay Buy With S$1.56 Target Price By DMG

7.  HSBC, Standard Chartered, UBS Among Temasek-Appointed Banks - Sources
 Temasek To Meet Investors In China, Taipei, Chicago, Switzerland, Germany - Sources
 Temasek Meetings This Week Regular 'Investor Updates' - Sources 

6. ComfortDelGro Target Raised To S$1.98 From S$1.63 By BNPP

5. Wilmar Target Price Cut To S$5.20 From S$6.50 By Deutsche

4. Wilmar Target Price Cut To S$6.06 From S$6.76 By Citigroup

3. Sabana Shari'ah Started At Buy; Target S$1.20 By UOBKayHian

2. Mandarin Oriental Started At Outperform; Target S$2.44 By Daiwa

1. WALL STREET: The financial sector led a drop in U.S. stocks Friday as an adverse foreclosure ruling for banks in a Massachusetts court gave investors another cause for concern, in addition to a disappointing jobs report. The Dow was down 0.2%, Nasdaq fell 0.3%