Tuesday, December 6, 2011

Market Daily -- 6th Dec 11

5. SMRT Corp Started At Neutral, Target Set At S$1.95 By HSBC

4. Comfort Delgro Started At Overweight, Target S$1.65 By HSBC

3.  ADB: Emerging East Asia Likely To Grow 7.2% In 2012 Vs 7.5% 2011
ADB: See 'Major' Downside Risks To Outlook For Growth In 2012
ADB: Euro-Zone Recession Could Cut 1.1 Percentage Point From Forecast
ADB: Euro-Zone, US Recession Could Cut 1.3 Percentage Point From Forecast
ADB: New Global Crisis Could Cut 1.8 Percentage Point From Forecast
ADB: Didn't Examine Impact Of Possible Euro-Zone Breakup; Probability Small
ADB: China Likely To Grow 8.8% In 2012, Vs 9.3% In 2011
ADB: Japan Likely To Grow 2.5% In 2012, Vs 0.5% Contraction In 2011
ADB: Emerging East Asia Should Formulate Coordinated Policy Contingency Plans
ADB: Low Foreign Reserves In Laos, Vietnam Are Cause For Concern 

2. ComfortDelGro Revises Singapore Taxi Fares; Extends Peak Hours

1. The Dow Jones industrial average .DJI was up 78.41 points, or 0.65 percent, at 12,097.83. The Standard & Poor's 500 Index .SPX was up 12.80 points, or 1.03 percent, at 1,257.08. The Nasdaq Composite Index .IXIC was up 28.83 points, or 1.10 percent, at 2,655.76