Thursday, July 21, 2011

Market Daily -- 21st Jul 11

11.  Suntec REIT 2Q DPU At 2.532 Singapore Cents Vs 2.528 Cents

10.  Keppel Corp 2Q Net Profit S$384.9 Mln Vs Restated S$352.3 Mln; Poll S$350.8M
 Keppel Corp: 2Q Revenue Down 3.7% To S$2.29 Bln
Keppel Corp: To Pay Preliminary Distribution Of 17 Singapore Cents/Share 

9. Australian Federal Court Says Tiger Air Hearing Suspended

8.  Singapore MAS Exec: Expect 2011 Average Inflation 4%-5% Vs 3%-4% Earlier
 Singapore MAS:Expect Inflation To Creep Back To Slightly Above 5% For Next Couple Of Months
 Singapore MAS Exec: Inflation Likely To Trend Down Toward Year-End
 Singapore MAS: 2011 GDP Growth Forecast Remains 5%-7% But Uncertainties Have Increased
 Singapore MAS:Disruption To Regional Supply Chains From Japan Quake Was More Than Expected
 Singapore MAS Exec: 1H GDP Growth Averaged 4.7% On Year
 Singapore MAS Exec: Uncertainty In US, Europe Now More Vs Three Months Ago
 Singapore MAS Exec: Expect Growth In External Markets To Be Slow, Uneven
 Singapore MAS Exec: Strong Local Dollar Capped Upward Pressure On Prices
 Singapore MAS Exec:Current Monetary Policy Stance Remains Appropriate
 Singapore MAS: See Upside Risks To Inflation In Emerging Asia; Further Tightening May Hurt Growth
 Singapore MAS:Reviewing 2011 GDP Forecast With Ministry Of Trade And Industry
 Singapore MAS Exec: Revised 2011 Inflation Forecast On Higher Accommodation, Car Prices
 Singapore MAS: Not Satisfied With Inflation Situation; Watching Price Pressures Carefully
 MAS:Made Overall Loss Of S$10.9B On Investments Due To Singapore Dollar Rise In Year To March 2011
 Singapore MAS: Excluding Exchange Rate Effects, Investment Gains S$12.3B As Of End-March
 MAS: Strength Of Singapore Dollar Has Safeguarded Local Purchasing Power, Moderated Cost Of Living

 7. Yangzijiang Shipbuilding Initiated At Buy With S$1.67 Target By UBS

6. CapitaMalls Asia CEO: Plans For Hong Kong Dual Listing Still In Progress

5. Keppel Land Target Cut To S$4.38 Vs S$5.04 By Credit Suisse

4. Wilmar International Target Raised To S$6.40 Vs S$5.20 By Deutsche

3. CapitaMalls Asia 2Q Net Profit S$164.9M Vs S$82.1M
CapitaMalls Asia Announces Interim Dividend Of 1.5 Singapore Cents Per Share 

2. Tiger Airways: Not Aware Of Any Particular Reason For Share Price Rise
 Tiger Airways: Continually Review Various Proposals To Strengthen Financial, Strategic Position
 Tiger Airways: Co Also Approached By, Engages With Various Parties To Pursue Business Opportunities
 Tiger Airways: Co Hasn't Made Any Decision To Pursue Any Of These Opportunities

1. The Dow Jones industrial average .DJI lost 15.51 points, or 0.12 percent, at 12,571.91. The Standard & Poor's 500 Index .SPX shed 0.89 points, or 0.07 percent, at 1,325.84. The Nasdaq Composite Index .IXIC fell 12.29 points, or 0.43 percent, at 2,814.23