Friday, December 23, 2011

Market Daily -- 23rd Dec 11

13. STX OSV Holdings Secures Contract Worth Approximately NOK200 Mln

12. ECS Holdings Fair Value Cut To S$0.61 From S$0.715 By OCBC

11. Karin Technology Fair Value Cut To S$0.28 From S$0.345 By OCBC

10. Micro-Mechanics Holdings Fair Value Cut To S$0.305 From S$0.34 By OCBC

9. Valuetronics Holdings Fair Value Cut To S$0.29 From S$0.345 By OCBC

8. Venture Corp Fair Value Cut To S$6.18 From S$7.42 By OCBC

7. Singapore November Manufacturing Output -9.6% On Year; +12.2% Expected
Singapore November Adjusted Manufacturing Output -25.2% On Month; -9.6% Expected
Singapore November Electronics Output -30.1% On Year
Singapore November Pharmaceuticals Output -1.0% On Year
Singapore November Ex-Biomedical Output -13.5% On Year
Singapore November Transport Engineering Output +17.4% On Year

6. Singapore Nov CPI +5.7% On Year; DJ Poll Tipped +5.4%
Singapore Nov Adjusted CPI +0.7% On Month; Poll Tipped +0.2%
Singapore Nov Transportation Prices +11.6% On Year
Singapore Nov Housing Prices +10.0% On Year
Singapore Nov Food Prices +3.6% On Year

5. CapitaLand's Ascott Denies It's Considering A REIT Listing In Malaysia

4. Gloucester Says Noble To Accept Yanzhou Merger Proposal
Gloucester Expects Due Diligence, Expert Report Done By Late February

3. Noble Group: To Vote In Favor Of Proposed Yanzhou-Gloucester Coal Merger
Noble Group: Intend To Hold Shares In Yanzhou Coal For Value Accretion
Noble Group: Expect A$420 Mln In Cash From Gloucester Capital Distribution 
Noble Group: Expect US$200 Mln Gain From Gloucester Coal Divestment

2. Gloucester Coal Up 22.8% At A$8.63 On ASX After Yanzhou Bid

1. The Dow Jones industrial average .DJI was up 61.84 points, or 0.51 percent, at 12,169.58. The Standard & Poor's 500 Index .SPX was up 10.29 points, or 0.83 percent, at 1,254.01. The Nasdaq Composite Index .IXIC was up 21.48 points, or 0.83 percent, at 2,599.45