Wednesday, February 2, 2011

Market Daily -- 2nd Feb 11

5.  Bharti Airtel: Adverse Currency Movements Resulted In Forex Losses
 Bharti Airtel: Brand Relaunch One-Time Cost INR3.40B
 Bharti Airtel: 3Q Africa Net Loss INR2.16 Bln
Bharti Airtel: Have 157M Wireless Users In India, South Asia 
Bharti Airtel: Have 42.1M Wireless Users In Africa
Bharti Airtel: Have Total 207.8 Mln Subscribers 

4. Bharti Airtel 3Q Net Profit INR18.48 Bln
Bharti Airtel 3Q Unconsolidated Net Profit INR18.48B Vs INR23.12B 
Bharti Airtel 3Q Unconsolidated Sales INR95.64B Vs INR87.56B
Bharti Airtel 3Q Consolidated Net Profit INR13.03B Vs INR21.95B 
Bharti Airtel 3Q Consolidated Sales INR157.56B Vs INR103.05B As Per IFRS
Analysts Expected Bharti Airtel 3Q Net Profit at INR15.96B
Bharti Airtel 3Q Total Expenses INR134.85B Vs INR78.16B 
Bharti Airtel 3Q Other Income INR258M Vs INR182M
Bharti Airtel 3Q Average Minutes Of Usage 449 Vs 454 In 2Q
Bharti Airtel 3Q Africa Average Revenue/User $7.3 Vs $7.4 In 2Q
Bharti Airtel 3Q Africa Average Minutes Of Use 120 Vs 112 In 2Q
Bharti Airtel 3Q Forex Loss INR1.51B Vs Gain INR1.52B 
Bharti Airtel 3Q EBITDA Margin 37.3%, Flat Vs 2Q
Bharti Airtel 3Q Africa EBITDA Margin 25.1% Vs 24% in 2Q 

3. Singapore PM: Economic Momentum Carrying Into 'Year Of Rabbit'
Singapore PM: Need To Watch For Global Economic Risks, Especially From Europe, US 
Singapore PM: Will Do More To Stabilize Property Market If Needed
Singapore PM: Expect Higher Inflation In Next Few Months 
Singapore PM: Hope Prices Will Stabilize Later In Year
Singapore PM: Strong Singapore Dollar Has Lowered Cost Of Imports 

2. Data showing improved factory activity and strong results from shipping company UPS Inc, seen as a gauge for economic activity, bolstered the growing impression among investors that a recovery was broadening. The Dow Jones industrial average gained 148.23 points, or 1.25 percent, to 12,040.16. The Standard & Poor's 500 Index rose 21.45 points, or 1.67 percent, to 1,307.57. The Nasdaq Composite Index added 51.11 points, or 1.89 percent, to 2,751.19.

1. Singapore Exchange: Plan To Link 4 Asean Markets By 2011 End
 Singapore Exchange: To Link With Malaysia, Thailand and Philippines Exchanges
 Singapore Exchange: Link To Help Cross Border Trading