Friday, November 18, 2011

Market Daily -- 18th Nov 11

8. United Overseas Bank Target Cut To S$14.00 Vs S$23.00 By RBS

7. OCBC Target Price Cut To S$6.70 Vs S$12.00 By RBS

6. DBS Group Holdings Target Cut To S$13.00 Vs S$18.00 By RBS

5. ST Engineering: Unit Secured Contract Worth S$441M From Hornbeck Offshore Services

4. Noble Group Target Price Cut To S$1.55 Vs S$2.25 By Goldman Sachs

3.  Singapore MAS: Risks To Financial Stability Increased Significantly In 2H
MAS: Global Economy, Financial System At Most Fragile Since 2008 Crisis
MAS: Asian Economies Have Some Room For Stimulus To Offset Weak External Demand
MAS: Asia Vulnerable To Sudden, Large Capital Flows That Can Easily Reverse
MAS: Singapore Economy, Financial System Resilient
MAS: Protracted Global Slowdown Can Weigh On Singapore Economy 
MAS: Singapore Government May Take More Steps To Ensure Stable Property Market If Needed

2. Singapore Airlines Orders 8 Boeing 777-300ER Aircraft

1. The Dow Jones industrial average .DJI fell 134.71 points, or 1.13 percent, to 11,770.88. The S&P 500 .SPX lost 20.73 points, or 1.68 percent, to 1,216.18. The Nasdaq Composite .IXIC dropped 51.62 points, or 1.96 percent, to 2,587.99