Tuesday, February 8, 2011

Market Daily -- 8th Feb 11

3. DBS Group: To Offer Yuan Fixed Deposit, Foreign Currency Accounts
DBS Group: To Launch CNH Retail Bond Products From Feb 21 
DBS Group: To Offer CNH Unit Trust Products From Feb 28
DBS Group: To Offer CNH Structured Note Products From Feb 28 

2. Sembcorp Marine Fair Value Estimate Raised To S$6.17 vs S$5.70 By OCBC

1. Financials led stocks to fresh multi-year highs as the market got a lift from a stream of deals, corporate earnings and some relief that a degree of economic activity had resumed in Egypt. The Dow closed 0.6% higher, with the Nasdaq up 0.5%