Thursday, April 14, 2011

Market Daily -- 14th Apr 11

5.  Perennial Real Estate Trust Seeks To Revive Singapore IPO - Sources
 Perennial Real Estate Trust Seeking To Raise About S$840 Mln - Source
Perennial Real Estate Trust To Offer Up To 1.1 Bln Units - Source
Perennial Real Estate Trust Expects To Lodge IPO Prospectus April 26 - Source 
Perennial Real Estate Trust Expects To List In Singapore May 12 - Source 

4. Spain Prime Minister: Reforms Are Stabilizing Spanish Economy
 Spain PM: Financial Markets Are Regaining Confidence In Spain
 Spain PM: Financial System 'Strong, Solvent, Resistent'
 Spain PM: Spanish Financial System Came Through Crisis Better Than Most

3. Singapore Central Bank Tightens Monetary Policy
 Singapore MAS Raises Singapore Dollar Trading Band
 MAS Recenters Singapore Dollar Band Below Prevailing S$NEER Level
 MAS: No Change To Slope, Width Of Singapore Dollar Band
 MAS: Policy To Ensure Medium-Term Price Stability, Sustainable Growth
 MAS: Policy Change Takes Into Account Last Year's Policy Tightenings
 MAS: Economic Activity Is Likely To Remain At High Level Through 2011
 MAS: Singapore Underlying Growth Momentum To Moderate In 2011
 MAS: Singapore Cost, Price Pressures To Remain Firm
 MAS Tips Singapore 2011 CPI In Upper Half Of 3%-4% Forecast Range
 Singapore MAS Forecasts 2011 Core Inflation 2%-3%
 Singapore MAS: Inflation To Moderate Only Gradually To Around 3% By 4Q
 Singapore MAS: Expect Global Oil, Food Prices To Remain High
 Singapore MAS: 2011 GDP Growth To Be At Upper End Of 4%-6% Forecast
 Singapore MAS: Expect Temporary GDP Growth Slowdown In 2Q

2. Singapore Jan-Mar GDP Up 23.5% Adjusted On Quarter, Annualized
 Dow Jones Poll Predicted Singapore 1Q GDP Up 12.4% On Quarter
 Singapore 1Q GDP Up 8.5% On Year Vs +5.7% Expected
 Singapore 1Q Manufacturing Output Up 13.9% On Year
 Singapore 1Q Services Output Up 7.2% On Year
 Singapore 1Q Construction Output Up 2.6% On Year

1. The Dow Jones industrial average .DJI gained 7.41 points, or 0.06 percent, to 12,270.99. The Standard & Poor's 500 Index .SPX inched up 0.25 of a point, or 0.02 percent, to 1,314.41. The Nasdaq Composite Index .IXIC added 16.73 points, or 0.61 percent, to 2,761.52.