Thursday, November 3, 2011

Market Daily -- 3rd Nov 11

12. COSCO Corp: Unit Secures US$68 Mln Contract To Build 2 Dry Bulk Carriers

11. Sembcorp Marine 3Q Net Profit S$223 Mln Vs S$296 Mln Year Ago

10. Lathe Investment Pte Converts Fortis Healthcare India Bonds Into Shares
Lathe Investment Pte To Hold 6.25% In Fortis Healthcare India Upon Bonds Conversion
Lathe Investment Pte: Converted Bonds At Initial Conversion Price Of INR167 A Share

9. Khazanah's Integrated Healthcare Tapping Banks For Parkway Pantai IPO - Sources
Parkway Pantai IPO Could Raise As Much As US$2 Billion - Source 
Parkway Pantai IPO Likely In The First Half Of Next Year - Sources

8. Broadway Industrial Target Cut To S$0.26 Vs S$0.37 By CIMB

7. Keppel Corp Target Cut To S$10.35 Vs S$12.00 By Citigroup

6. STX OSV Initiated At Buy With S$1.60 Fair Value By AmFraser

5. United Overseas Bank Fair Value Cut To S$18.00 Vs S$19.30 By OCBC

4. Parkson Retail Asia Opens At S$1.05 On Singapore Debut Vs S$0.94 IPO Price

3. Singapore MAS: MF Global Singapore Has About 1,000 Contracts For Difference Positions
MAS: Working Closely With MF Global Liquidators To Safeguard Investors 
MAS: FX, Derivatives Markets Continue To Function In Orderly Manner

2. Oversea-Chinese Banking Corp: 3Q Net S$513M Vs S$570M; Poll S$531.4M
OCBC 3Q Net Interest Income S$874M Vs S$754M
OCBC 3Q Non-Net-Interest Income S$436M Vs S$621M
OCBC 3Q Net Interest Margin 1.85% Vs 1.87% In 2Q
OCBC 3Q Nonperforming Loan Ratio 0.7% Vs 0.8% In 2Q
OCBC CEO: Well Positioned To Face Slowing Economic Growth

1. The Dow Jones industrial average rose 178.08 points, or 1.53 percent, at 11,836.04. The Standard & Poor's 500 Index gained 19.62 points, or 1.61 percent, at 1,237.90. The Nasdaq Composite Index added 33.02 points, or 1.27 percent, at 2,639.98