Monday, August 15, 2011

Market Daily -- 15th Aug 11

20. Singapore Airlines: July Passenger Load Factor 81.6% Vs 82.4% Year Earlier
Singapore Airlines: July Cargo Load Factor 65.0% Vs 64.0%
Singapore Airlines: July Overall Load Factor 70.2% Vs 70.6% Year Earlier

19. Tiger Airways To Resume Melbourne To Brisbane Flights Thursday

18. OCBC Downgraded To Neutral; Target Cut To S$10.08 Vs S$11.08 By DMG

17.  STX OSV Target Raised To S$2.00 Vs S$1.80 By Credit Suisse

16. S&P Exec: See No Double Dip US Recession Yet But Risks Higher
S&P Exec: See No Double Dip US Recession Yet But Risks Higher
S&P: Euro Zone, US Troubles May Halve Global Demand From Usual Levels
SP: See Difficult 3Q For Equity Mkts Euro Zone Of Greater Concern Than US
S&P: Asian Equity Markets Have Factored In Mild US Recession
S&P: China, India, Indonesia Equity Markets More Resilient On Local Demand
S&P: US Consumer Spending Likely To Remain Positive
S&P: US Jobs Situation Likely To Slowly Improve
S&P: US Equity Markets Still Attractive
S&P: See Opportunities In Asia Defensive Stocks, Banks, Food Companies
S&P: Asian Real Estate Firms May Lag A Bit On Softening Property Prices
S&P Equity Analyst Lorraine Tan Spoke To Dow Jones Newswires

15. Singapore Jul Bunker Sales At 3.64M Tons, Down 5.6% Vs Jun
Singapore Jan-Jul Bunker Sales Up 5.3% On Yr At 24.8M Tons 

14. Singapore July Private Home Sales Rise 17% On Month

13. Moody's: US Fed Interest Rate Announcement Positive for US Govt Credit
Moody's: Fed Interest Rate Announcement Negative For Banks, Life Insurers 
Moody's: Fed Rate Announcement Negative For Money Market Fund Sponsors, Housing Finance Agencies

12. Neptune Orient Lines Target Cut To S$1.40 Vs S$2.35-Credit Suisse

11.  Sembcorp Marine Target Cut To S$5.30 From S$6.45 By CIMB

10. Keppel Corp. Target Cut To S$10.50 Vs S$14.10 By CIMB

9. City Developments Target Cut To S$13.38 Vs S$15.74-Credit Suisse

8. Mewah International Target Cut To S$0.51 Vs S$1.19-Credit Suisse

7. Yangzijiang Shipbuilding Target Cut To S$1.40 Vs S$2.25 By Citi

6. Neptune Orient Lines Target Cut To S$1.15 Vs S$1.37 By UOBKayHian

5. Noble Group Target Cut To S$2.36 Vs S$2.80 By Citigroup

4. Genting Singapore Target Cut To S$1.80 Vs S$2.20 By Morgan Stanley

3. Noble Group Target Cut To S$1.903 From S$2.42 By Daiwa

2. Genting Singapore Target Cut To S$2.03 From S$2.78 By Daiwa

1. The Dow Jones industrial average gained 125.71 points, or 1.13 percent, to 11,269.02. The Standard & Poor's 500 Index added 6.17 points, or 0.53 percent, to 1,178.81. The Nasdaq Composite Index rose 15.30 points, or 0.61 percent, to 2,507.98