Friday, October 14, 2011

Market Daily -- 14th Oct 11

6. Singapore GDP Expected To Grow 5.1% In 2011 - Poll
Economists Say Too Early To Call MAS Policy Action in April 

5. Wilmar Target Cut To S$5.30 Vs S$6.25 By UOBKayHian

4.  Singapore 3Q GDP +1.3% On Qtr, Adjusted, Annualized; Poll Tipped +0.7%
Singapore 3Q GDP +5.9% On Year; Poll Tipped +5.6%
Singapore 3Q Manufacturing Output +13.2% On Year
Singapore 3Q Services Output +3.6% On Year
Singapore 3Q Construction Output +0.4% On Year
Singapore Govt: Expect 2011 GDP To Grow 5% Vs 5%-6% Earlier Forecast 
Singapore Govt: Growth In 2011 May Be Weighed By Softening Global Conditions

3.  Singapore Central Bank Eases Currency Policy
Singapore MAS Reduces Slope Of Singapore Dollar Trading Band
Singapore MAS: Will Continue To Target 'Modest And Gradual' Rise In Singapore Dollar
Singapore MAS Cites Expected Moderation In Core Inflation For Easing Decision
MAS: Singapore Economic Growth Could Fall Below 3-5% Potential Rate
Singapore *MAS: Core Inflation Should Ease Next Year
Singapore MAS: Headline Inflation Could Stay Elevated Near Term
Singapore MAS: See Headline Inflation Around 5% In 2011, 2.5-3.5% In 2012
Singapore MAS: Prospects For Growth In Major Trading Partners Have Deteriorated
 
2. Singapore Exchange Target Cut To S$6.35 Vs S$7.30 By Daiwa

1. The Dow Jones industrial average .DJI fell 40.72 points, or 0.35 percent, to end at 11,478.13. The Standard & Poor's 500 Index .SPX shed 3.59 points, or 0.30 percent, to 1,203.66. But the Nasdaq Composite Index .IXIC gained 15.51 points, or 0.60 percent, to close at 2,620.24