Monday, July 23, 2012

Market Daily -- 23rd Jul 12

26. Keppel Corp: Shipyard Unit Secures 3 Contracts Totaling S$103 Million

25. Kirin Having Early Discussions About Possible Bid For Asia Pacific Breweries -Sources

24. Raffles Medical Group Target Raised To S$2.96 From S$2.69 By CIMB

23. Sakari Resources Target Cut To S$1.01 From S$1.96 By CIMB

22. HSBC, SMBC, Standard Chartered to Provide Bridging Finance for ThaiBev Investment in Fraser and Neave - Sources

21. Fraser & Neave Target Raised To S$9.31 From S$7.83 By Deutsche Bank

20. OKP Holdings Target Cut To S$0.54 From S$0.65 By DBS Vickers

19. CapitaCommercial Trust Target Raised To S$1.40 From S$1.36 By DBS Vickers

18. CapitaCommercial Trust Target Raised To S$1.50 From S$1.40 By JPMorgan

17. Fortune REIT Target Raised To HK$5.70 From HK$5.00 By JPMorgan

16. Singapore Jun CPI +5.3% On Year; DJ Poll Tipped +5.1%
Singapore Jun Transportation Prices +8.7% On Year
Singapore Jun Housing Costs +9.7% On Year
Singapore Jun Food Prices +2.3% On Year
Singapore MAS/MTI: Accommodation Cost Inflation Has Been Higher Than Expected
Singapore MAS/MTI: CPI Inflation to Remain Above Historical Average in 2H
Singapore MAS/MTI: Expect 2012 CPI Inflation in Upper Half of 3.5%-4.5% Forecast Range

15. Singapore Exchange Target Raised To S$5.81 From S$5.40 By Citigroup

14. Fraser & Neave Target Raised To S$9.16 From S$8.08 - Nomura

13. CapitaCommercial Trust Fair Value Raised To S$1.31 From S$1.14 By OCBC

12. JB Foods Opens up 26.7% at S$0.38 Vs S$0.30 IPO Price on Trading Debut

11. Genting Singapore Target Cut To S$1.75 Vs S$1.89 By Phillip Securities

10. Wilmar International Target Raised To S$4.37 Vs S$4.11 By Phillip

9. Venture Corp Target Cut To S$7.82 From S$8.68 By UOB KayHian

8. Asia Pacific Breweries Opens +12.1% at S$47.10; Heineken Bids for Stake

7. Fraser Neave Opens +5.1% at S$7.99 Heineken Bids for Its APB Stake

6. UOB Target Raised To S$22.00 From S$20.80 By Barclays

5. OCBC Target Raised To S$10.70 From S$10.10 By Barclays

4. DBS Target Raised To S$15.20 From S$14.50 By Barcl

3. CapitaCommercial Trust Target Raised To S$1.56 From S$1.47 By Daiwa

2. CapitaCommercial Trust Target Raised To S$1.24 From S$1.06 By Maybank-Kim Eng

1. The Dow Jones industrial average .DJI was down 120.79 points, or 0.93 percent, at 12,822.57. The Standard & Poor's 500 Index .SPX was down 13.85 points, or 1.01 percent, at 1,362.66. The Nasdaq Composite Index .IXIC was down 40.60 points, or 1.37 percent, at 2,925.30