Wednesday, February 9, 2011

Market Daily -- 9th Feb 11

6.Singapore Telecommunications: Mobile Subscribers Rise 34% On Yr To 383M As Of Dec 31

5. Fitness First Seeks To Raise S$600M-S$700M In Singapore IPO - Source
Fitness First Singapore IPO Likely In 3Q - Sources 

4. SATS Target Price Cut To S$2.62 Vs S$3.23 By BNP Paribas

3. China Animal Healthcare Target Price Raised To S$0.45 Vs S$0.41 By DBS Vickers

2. OM Holdings Says Tshipi Borwa Manganese Mine Development Approved
OM Holdings Says Mine Development Approved By Tshipi E Ntle Manganese Mining 
OM Holdings Says Total Mine Development Costs Expected To Be US$200M
OM Holdings Says Mine Will Ramp Up To 2.4M Tons/Year Output By 2013 

1. U.S. stocks advanced, giving the Dow Jones Industrial Average its longest streak of gains since July, and shorter-term Treasuries retreated as improving retail sales and optimism in the homebuilding industry overshadowed China’s interest-rate increase. The dollar weakened and gold rallied. The Dow Jones industrial average .DJI was up 71.52 points, or 0.59 percent, at 12,233.15. The Standard & Poor's 500 Index .SPX was up 5.52 points, or 0.42 percent, at 1,324.57. The Nasdaq Composite Index .IXIC was up 13.06 points, or 0.47 percent, at 2,797.05.