Monday, April 9, 2012

Market Daily -- 9th Apr 12

9. CapitaRetail China Trust Sets Up S$500 Mln Medium Term Note Program

8. Singapore March Foreign Exchange Reserves $243.6 Bln Vs $247.0 Bln Feb

7. Singapore Minister: MAS doesn't Have Formal Inflation Target
Singapore Minister: MAS' Objective Is To Maintain Price Stability, Support Growth In Medium Term
Singapore Minister: Low Local Interest Rates Have Supported Property Demand 
Singapore Minister: Inflation Rate Has Been 'Persistent'
Singapore Minister: MAS To Consider Inflation, Among Other Factors, At Monetary Policy Review 

6. Genting Singapore CFO: Intend To Use Perpetual Bond-Issue Proceeds On Acquisitions In Core Area Of Business
Genting Singapore CFO: Exploring Opportunities In Japan, South Korea 

5. StarHub Target Raised To S$3.25 From S$3.09 By UOB KayHian

4. Tee International Fair Value Cut To S$0.28 From S$0.36 By OCBC

3. Singapore Exchange Target Raised To S$8.00 From S$6.90 By Kim Eng

2. Genting Singapore: To Offer Up To S$500 Mln Of Perpetual Securities
Genting Singapore: May Increase Perpetual Offer Size By S$200 Mln 

1. The Dow Jones industrial average .DJI dropped 14.61 points, or 0.11 percent, to 13,060.14 at the close. The Standard & Poor's 500 Index .SPX dipped 0.88 of a point, or 0.06 percent, to 1,398.08. But the Nasdaq Composite Index .IXIC gained 12.41 points, or 0.40 percent, to 3,080.50