Friday, October 28, 2011

Market Daily -- 28th Oct 11

7. Wing Tai Holdings Target Cut To S$1.46 From S$1.53 By CS

6. Singapore 3Q Private Residential Prices +1.3% On Quarter Vs +2.0% In 2Q

5. DBS Group Target Cut To S$15.00 Vs S$16.50 By Daiwa

4. Government Of Singapore Investment Corp Invests US$300M In Avolon

3. Sembcorp Marine: To Recognize S$54.4 Mln In Income Statement On Unit's Tax Gain
Sembcorp Marine: To Recognize Tax Gains By Jurong Shipyard In 2011 Income Statement
Sembcorp Marine: Tax Gain Relates To Unit's FX Transactions Dispute Settlement

2. Suntec REIT: Sold Singapore Property For S$177 Million

1. The Dow Jones industrial average was up 339.51 points, or 2.86 percent, at 12,208.55. The Standard & Poor's 500 Index was up 42.59 points, or 3.43 percent, at 1,284.59. The Nasdaq Composite Index was up 87.96 points, or 3.32 percent, at 2,738.63