Thursday, July 19, 2012

Market Daily -- 19th Jul 12

18. Suntec REIT 2Q DPU 2.361 Singapore Cents Vs 2.532 Cents

17. Keppel Corp: 2Q Net Profit S$520.9 Mln Vs S$384.9 Mln Year Earlier
Keppel Corp: 2Q Revenue S$3.48 Billion Vs S$2.29 Billion
Keppel Corp: To Pay Interim Dividend of 18 Singapore Cents/Share
Keppel: Offshore & Marine Division Secured Orders Worth S$2 Bln So Far in 2012
Keppel: Offshore & Marine Margins Likely to be Constrained In Coming Months 

16. OCBC Target Raised To S$8.54 From S$8.30 By DMG & Partners

15. Singapore Banking Association Head: Rate Tampering Is 'Highly Unlikely'
Singapore Banking Association: Believe No More Banks Will Exit Rate-Setting Panel 

14. StarHub Target Raised To S$3.50 From S$3.10 By DBS Vickers

13. RBS Plans to Stop Submitting Reference Rates to HK Interbank Lending Regime - Sources
 RBS Earlier Stopped Submitting Data to Singapore Interbank Lending Panel

12. Keppel Land Target Raised To S$3.37 From S$2.92 By CS
 
11. Keppel Land Target Cut To S$4.53 From S$4.90 By Nomura

10. Jardine Strategic Started At Buy, Target US$39 By Nomura

9. Jardine Matheson Started At Buy, Target US$65 By Nomura

8. OCBC Target Raised To S$9.77 From S$9.51 By CIMB

7. Fraser & Neave and Asia Pacific Breweries Confirm ThaiBev Move to Acquire Stakes

6. Keppel Land Target Raised To S$4.04 From S$3.65 By Maybank-Kim Eng

5. OCBC Target Raised To S$8.80 From S$8.30 By Maybank-Kim Eng

4. OCBC: Entered Into Conditional Pact to Sell Stake in Asia Pacific Breweries, Fraser & Neave
OCBC: Unit Great Eastern Holdings Also to Sell Stake in Asia Pacific Breweries, Fraser & Neave 
OCBC, Great Eastern to Sell About 8% Stake in Asia Pacific Breweries to Kindest Place Group For S$920 Million
OCBC, Great Eastern to Sell About 18.1% Stake in Fraser & Neave to ThaiBev for About S$2.3 Billion 
OCBC: to Realize a Post Tax Gain of About S$785.9M From Sale of APB, F&N Shares
ThaiBeV: to Buy Lee Rubber Company Stake in Fraser Neave Total Stake in F&N to Be About 22% 

3. Mapletree Investments: Raises S$600M in Issuance of Perpetual Bonds Yielding 5.125%

2. Singapore Exchange: Raises Standards for Mainboard-Listing Admissions

1. The Dow Jones industrial average .DJI gained 103.16 points, or 0.81 percent, to 12,908.70. The Standard & Poor's 500 Index .SPX rose 9.11 points, or 0.67 percent, to 1,372.78. The Nasdaq Composite Index .IXIC added 32.56 points, or 1.12 percent, to 2,942.60