Monday, October 3, 2011

Market Daily -- 3rd Oct 11

12. Keppel Corp: Unit Secured Jack-Up Rig Contract Worth US$199 Mln

11.  IMF Official: Wouldn't Jump To Conclusions On Meaning Of Chinese Yuan Moves
 IMF Official: Some Slowing In Chinese Economic Growth Is Warranted

10. Noble Group Target Price Cut To S$1.70 Vs S$2.60 By DBS Vickers

9. Oversea-Chinese Banking Corp. Target Cut To S$9.30 Vs S$10.25 By Citi

8. United Overseas Bank Target Cut To S$18.00 Vs S$20.00 By Citi

7. DBS Group Target Cut To S$13.30 Vs S$16.00 By Citigroup

6. Tiger Airways: Gets Complaint On Marketing Material From Australia Authorities
Tiger Airways: In Consultation With Australian Authorities On Complaint 

5. Hutchison Port Holdings Trust Target Cut To US$0.55 Vs US$0.63 By Citi

4. Singapore 3Q Private Home Prices Up 1.3% On Quarter Vs +2.0% In 2Q

3. Tiger Airways: Expects Net Loss For Quarter Ended Sept 30 Vs S$14.1M Net Profit A Year Ago
Tiger Airways: Receives Letter Of Complaint From Philippines Aviation Regulator

2.  Lippo Malls Indonesia Retail Trust: To Buy Two Shopping Malls For About S$388 Mln
Lippo Malls Indonesia Retail Trust: Acquisition Partially Funded By Rights Issue
Lippo Malls Indonesia Retail Trust: To Raise About S$337 Mln In Gross Proceeds Via Rights Issue

1. The Dow Jones industrial average dropped 240.60 points, or 2.16 percent, to 10,913.38. The Standard & Poor's 500 Index fell 28.98 points, or 2.50 percent, to 1,131.42. The Nasdaq Composite Index lost 65.36 points, or 2.63 percent, to 2,415.40