Wednesday, July 25, 2012

Market Daily -- 25th Jul 12

16. Ascendas India Trust Target Cut To S$0.84 From S$0.91 By DBS Vickers

15. Singapore MAS Official: Want to See if Rate-Setting Process Is 'Sound'
Singapore MAS Probe Focuses on Two Rates: Sibor and Swap-Offer Rate
Singapore MAS Was Asked by Other Countries to Assist in Rate-Setting Probe

14. Singapore MAS Keeps 2012 GDP Growth Estimate of 1%-3%
Singapore MAS Narrows 2012 Inflation Forecast to 4.0%-4.5% Vs 3.5%-4.5%
Singapore MAS: Core Inflation Has Remained 'Relatively Sticky' In Asia
Structural Changes In G-3 Economies Continue To Weigh On Singapore's Growth-MAS
Singapore MAS Chief: Keeping 2012 Core Inflation Forecast At 2.5%-3.0%
Singapore MAS Chief: Expect Domestic Food Inflation To Remain Relatively Contained In 2H
Singapore MAS Chief: Current Monetary Policy Stance Remains Appropriate
Singapore MAS Chief: Monetary Policy Has Had Restraining Effect On Inflation
Singapore MAS Chief: Rapid Rise In Local Dollar Rate Can Hurt Economy
Singapore MAS Chief: Exchange Rate Remains Broadest, Most Effective Anti-Inflation Tool
Singapore MAS Chief: Remain Focused On Anchoring Inflation Expectations
Singapore MAS Chief: Euro-Zone Crisis Key Risk Facing Singapore Economy, Financial System
Deeper Recession, Credit Crunch In Euro Zone Can Impact Singapore's Growth-MAS Chief
Singapore MAS Chief: Local Banks Have Strong Capital, Liquidity Positions
Singapore MAS Chief: Capital Flows May Get Bigger, More Volatile
Singapore MAS Chief: Capital Flows Can Pressure Local Dollar
Singapore MAS Chief: Expect 'Soft Landing' Of Chinese Economy
Singapore MAS Chairman: Early Improvement In Advanced Economies Is Unlikely
Singapore MAS Chairman: Local Inflationary Pressures Expected To Ease Gradually In 2H

13. Hi-P International Target Cut To S$1.15 From S$1.22 By DMG

12. Genting Singapore Target Cut To S$1.36 From S$1.65 By Deutsche Bank

11. Starhill Global REIT Target Raised To S$0.75 From S$0.72 By CIMB

10. Mapletree Industrial Trust Target Raised To S$1.31 Vs S$1.24 By CIMB

9. Neptune Orient Lines Target Raised To S$1.35 From S$1.05 By Citigroup

8. Raffles Medical Target Raised To S$2.87 From S$2.64 By Nomura

7. Armstrong Industrial Target Cut To S$0.24 From S$0.31 By UOB KayHian

6. SIA Engineering Target Raised To S$4.55 From S$4.20 By UOB KayHian

5. IHH Healthcare Debuts Up 9.6% at MYR3.07 Vs IPO Price of MYR2.80 in Malaysia
IHH Healthcare's Singapore Shares Open +9.6% At S$1.22 Vs S$1.113 IPO Price 

4. Neptune Orient Lines Target Raised To S$1.12 Vs S$1.05 By UOB KayHian

3. Swiber Holdings Prices S$150M Issuance of 5.80%, Fixed-Rate Bonds Due 2013

2. Singapore Exchange: To Enhance Market Connectivity With Australia's ASX
ASX Plans Data Center Link Up With Singapore Stock Exchange 

1. The Dow Jones industrial average .DJI was down 104.14 points, or 0.82 percent, at 12,617.32. The Standard & Poor's 500 Index .SPX was down 12.21 points, or 0.90 percent, at 1,338.31. The Nasdaq Composite Index .IXIC was down 27.16 points, or 0.94 percent, at 2,862.99