Market Daily -- 11th Apr 12

8. Neptune Orient Lines Target Raised To S$1.3 From S$1.1 - HSBC

7. Keppel T&T Target Cut To S$1.22 From S$1.24 By CIMB

6. SATS Target Raised To S$2.43 From S$2.34 By UOB KayHian

5. ADB: See Mild Slowdown In Emerging Asia In 2012
ADB: Emerging Asia To Grow 6.9% In 2012 Vs 7.2% in 2011
ADB: Emerging Asia Growth To Bounce Back To 7.3% In 2013
ADB: Warn Against Excessive Stimulus; Downturn Will Correct
ADB: Euro-Zone Debt Crisis Is Biggest Risk To Emerging Asia Growth
ADB: China To Grow 8.5% In 2012, 8.7% In 2013 Vs 9.2% In 2011
ADB: South Asia To Grow 6.6% In 2012, 7.1% In 2013
ADB: Southeast Asia To Grow 5.2% In 2012 Vs 4.6% In 2011 
ADB: Central Asia To Grow 6.1% In 2012
ADB: Pacific Economies To Grow 6.0% In 2012, 4.1% In 2013 

4. Midas Holdings Fair Value Cut To S$0.375 From S$0.39 By OCBC

3. Cache Logistics Fair Value Cut To S$1.11 From S$1.19 By OCBC

2. DBS Group To Invest CNY2.3Bln Capital Into China Unit To Expand
DBS Group To Invest In Network Expansion, Staff, Banking Operations In China 

1. The Dow Jones industrial average .DJI lost 213.66 points, or 1.65 percent, to 12,715.93 at the close. The Standard & Poor's 500 Index .SPX dropped 23.61 points, or 1.71 percent, to 1,358.59. The Nasdaq Composite Index .IXIC tumbled 55.86 points, or 1.83 percent, to 2,991.22