Tuesday, September 13, 2011

Market Daily -- 13th Sep 11

7. DBS Expects China To Contribute 10%-15% Of Group Profit In 10 Years From 4%-5% Now

6.  Singapore Aug Bunker Sales At 3.82M Tons, Up 4.7% Vs Jul
Singapore Jan-Aug Bunker Sales Up 6.2% On Yr At 28.62M Tons 

5. Ovesea-Chinese Banking Corp: Facing Technical Problems With ATM, Net, Mobile Banking
OCBC: Customers Unable To Carry Out Transactions Via ATM, Net, Mobile Banking
OCBC: Investigating Technical Problems With Network 
OCBC: Customers Can Still Perform Manual Transactions At Branches

4. KSH Holdings Fair Value Cut To S$0.28 From S$0.30 By OCBC Investments

3. Hongkong Land Target Cut To US$4.60 Vs US8.32 By JPMorgan

2. ST Engineering: US Unit CFO Patrick Lee Was Arrested In Singapore
 ST Engineering: Lee Arrested As Part Of Corruption Investigation
 ST Engineering: Lee Not Charged In Court, Released On Bail
ST Engineering: Lee Has Resumed Responsibilities In US 
ST Engineering: Has Launched Internal Investigation Into Matter

1. The Dow Jones industrial average .DJI closed up 68.99 points, or 0.63 percent, at 11,061.12. The Standard & Poor's 500 Index .SPX gained 8.04 points, or 0.70 percent, at 1,162.27. The Nasdaq Composite Index .IXIC rose 27.10 points, or 1.10 percent, at 2,495.09