Tuesday, July 17, 2012

Market Daily -- 17th Jul 12

25. Venture Corp Target Cut To S$8.80 From S$9.20 By Citigroup

24. Fraser & Neave Target Raised To S$8.08 Vs S$8.00 By Nomura

23. K-REIT Asia Target Raised To S$1.22 From S$1.19 By Credit Suisse

22. M1 Target Raised To S$2.86 From S$2.50 By CIMB

21. Suntec REIT Target Raised To S$1.67 From S$1.54 By UOB KayHian

20. Starhill Global REIT Target Raised To S$0.83 From S$0.75 By UOB-KayHian

19. Sabana Shari'ah Compliant REIT Target Raised To S$1.11 Vs S$1.05 By UOB-K

18. Parkway Life REIT Target Raised To S$2.32 From S$2.05 By UOB KayHian

17. Mapletree Logistics Trust Target Raised To S$1.21 From S$1.10 By UOB-KH

16. Mapletree Industrial Trust Target Raised To S$1.45 From S$1.35 By UOB-KH

15. K-REIT Asia Target Raised To S$1.23 From S$1.13 By UOB KayHian

14. Frasers Centrepoint Trust Target Raised To S$1.97 From S$1.80 By UOB-KH

13. CDL Hospitality Trusts Target Raised To S$2.21 From S$2.00 By UOB KayHian

12. CapitaMall Trust Target Raised To S$2.33 From S$2.10 By UOB KayHian

11. CapitaCommercial Trust Target Raised To S$1.44 From S$1.30 By UOB KayHia

10. Cache Logistics Trust Target Raised To S$1.25 From S$1.15 By UOB KayHian

9. Ascott Residence Trust Target Raised To S$1.42 From S$1.30 By UOB-KayHian

8. Ascendas REIT Target Raised To S$2.14 From S$2.00 By UOB KayHian

7. Hi-P International Down 5.1% at S$0.745; Warns Expects 2Q12 Loss

6. K-REIT Asia Target Raised To S$1.23 From S$1.13 By UOB KayHian

5. Singapore Jun Non-Oil Exports +6.8% On Year; +2.1% Expected
Singapore Jun Non-Oil Exports +6.7% Adj On Month; +2.1% Expected
Singapore Jun Electronics Exports +1.6% On Year
Singapore Jun Non-Electronics Exports +9.4% On Year
Singapore Jun Pharmaceutical Exports +24.0% On Year

4. M1 Target Cut To S$2.45 From S$2.85 By Maybank-Kim Eng

3. Oversea-Chinese Banking Corp: Received Offer for Stake in Fraser & Neave
OCBC: Received Offer for Stake in Asia Pacific Breweries
OCBC: Hold Combined 18.2% Stake with Great Eastern Holdings
OCBC: Hold Combined 7.9% Stake in Asia Pacific Breweries with Great Eastern Holdings 
OCBC: Hold Combined 18.2% Stake In Fraser And Neave With Great Eastern Holdings

2. Biosensors Started At Buy With S$1.48 Target By Goldman Sachs

1. The Dow Jones industrial average .DJI closed down 49.88 points, or 0.39 percent, at 12,727.21. The Standard & Poor's 500 Index .SPX fell 3.14 points, or 0.23 percent, to finish at 1,353.64. The Nasdaq Composite Index .IXIC was down 11.53 points, or 0.40 percent, at 2,896.94