Wednesday, July 13, 2011

Market Daily -- 13th Jul 11

6.  Singapore Jun Bunker Sales At 3.86M Tons, Up 6.6% Vs May
 Singapore Jan-Jun Bunker Sales Up 5.8% On Yr At 21.16M Tons

5. Olam International Target Cut To S$3.21 From S$3.63 By HSBC

4. Singapore Press Holdings Target Cut To S$4.31 Vs S$4.69 By CLSA

3. Singapore Press Holdings Target Cut To S$4.19 Vs S$4.32 By OCBC

2. Mitsui & Co: Seeking To Acquire All Shares Of Portek International >8031.TO P09.SG
 Mitsui & Co: To Offer S$1.40 For Each Portek Share
 Mitsui & Co: Offer Values Portek At S$213.6 Mln

1. The Dow Jones industrial average .DJI fell 58.88 points, or 0.47 percent, to 12,446.88 at the close. The Standard & Poor's 500 Index .SPX shed 5.85 points, or 0.44 percent, to 1,313.64. The Nasdaq Composite Index .IXIC dropped 20.71 points, or 0.74 percent, to 2,781.91