Wednesday, September 14, 2011

Market Daily -- 14th Sep 11

5. Cosco Corp Target Cut To S$1.30 From S$1.60 By HSBC

4.  Pacnet CEO: Aiming For IPO Over Next 12-18 Months
 Pacnet CEO: No Immediate Need To Raise Capital
 Pacnet CEO: Will Wait For Right Opportunity Before Launching IPO
Pacnet CEO: Prefer US Listing, But Keeping All Options Open 

3. Housing And Development Board To Issue 10-Year Singapore Dollar Bond - Term Sheet
Housing And Development Board Plans To Issue S$400M Bond - Term Sheet
Housing And Development Board Seeks To Pay 1.95% Yield For Bond - Term Sheet
Housing And Development Board Hires DBS To Arrange Bond Issue - Term Sheet 

2. DBS To Hold Meetings To Evaluate Capital Market Financing Options - Source
DBS To Hold US Fixed Income Investor Meetings Sept 15-21 - Source
DBS Bank Hires Bank of America Merrill Lynch, DBS, Goldman Sachs To Arrange Meetings - Source 

1. The Dow Jones industrial average .DJI closed up 44.73 points, or 0.40 percent, at 11,105.85. The Standard & Poor's 500 Index .SPX rose 10.60 points, or 0.91 percent, at 1,172.87. The Nasdaq Composite Index .IXIC gained 37.06 points, or 1.49 percent, at 2,532.15