Monday, November 14, 2011

Market Daily -- 14th Nov 11

14. ComfortDelGro 3Q Net Profit S$69.1 Mln Vs S$61.4 Mln

13. Olam: In Talks With Various Parties For Acquisitions, JV Opportunities

12. Olam International 1Q Net Profit S$34.2 Mln Vs S$S$29.7 Mln Profit

11. S Korea KIC Doesn't Intend To Sell Shares In Noble Group - Source

10. STX Pan Ocean 3Q Net Loss US$37.4 Million

9. Singapore Oct Bunker Sales At 3.55M Tons, Down 0.6% Vs Sep
Singapore Jan-Oct Bunker Sales Up 4.9% On Yr At 35.73M Tons

8.  Obama: Boosting Trade Necessary To Meet Priority Of Creating Jobs
Obama: US On Track To Meet Goal Of Doubling Exports By 2015
Obama: Asia Pacific Key To Achieving US Export Goals
Obama: APEC Took Huge Step Toward Creating Cleaner Economies
Obama: World Is United Against Iran, Sanctions Have Hurt Its Economy
Obama: Russia, China Agree On Need To Stop Iran From Becoming Nuclear Power 
Obama: Not Taking Any Options Off The Table Against Iran
Obama: Prefer To Pressure Iran To Give Up Pursuit Of Nuclear Weapons 
Obama: China's Undervalued Currency Policy Disadvantages US, Other Nations
Obama: 'Slight' Appreciation In China Currency Hasn't Been Enough 
Obama: Companies Still Have Problem With China Intellectual Property Rights
Obama: Prepared To Sign A Budget-Reduction Bill That Is Balanced 

7. Mewah International Target Cut To S$0.40 Vs S$0.65 By UOBKayHian

6.  IMF Lagarde Warns Of `Downward Spiral' If Euro Zone Doesn't Solve Crisis
IMF Lagarde: Told APEC We All Have A Stake In Resolving Euro Zone Crisis
IMF Lagarde Calls For Some APEC Economies To Allow Currency Appreciation
IMF Lagarde: Advanced APEC Economies Need Medium-Term Budget Reduction Plans 

5. Noble Group Buys Back 21.8 Mln Shares At S$1.1886 Apiece

4. APEC Leaders Agree To Reduce Tariffs On Green Goods To 5% By 2015
APEC Leaders To Support Strong, Balanced Growth Amid Global Uncertainty
APEC Leaders: Europe Contributing To Significant Risks To World Economy
APEC Leaders: Near-Term Deal On All Elements Of Doha Trade Round Unlikely
APEC Leaders: Will Explore Reaching Consensus On Parts Of Doha Agenda
APEC Leaders: Extend Commitment To Avoid Protectionism Through 2015
APEC Leaders: Commit To Market-Driven, Non-Discriminatory Innovation Policies 
APEC Leaders Seek Talks To Expand WTO's Information Technology Agreement
APEC Leaders Agree To Phase Out Inefficient Fossil-Fuel Subsidies 

3. US Official: Expect APEC Leaders To Reach Significant Deal On Green Goods

2. BBR Holdings: Received Singapore House Construction Contract Worth S$179 Mln

1. The Dow Jones industrial average .DJI gained 259.67 points, or 2.18 percent, to 12,153.46. The Standard & Poor's 500 Index .SPX gained 24.15 points, or 1.95 percent, to 1,263.84. The Nasdaq Composite Index .IXIC gained 53.60 points, or 2.04 percent, to 2,678.75