Friday, August 10, 2012

Market Daily -- 10th Aug 12

23. Golden Agri-Resources: 2Q Net Profit US$108.1 Mln Vs US$179.9 Mln

22. StarHub Fair Value Raised To S$3.47 From S$3.10 By OCBC

21. Valuetronics Holdings Fair Value Cut To S$0.21 From S$0.315 By OCBC

20. Venture Corp Fair Value Cut To S$8.72 From S$9.41 By OCBC

19. Neptune Orient Lines Target Raised To S$1.30 From S$1.15 By CIMB

18. Super Group Target Raised To S$2.65 From S$2.43 By CIMB

17. Valuetronics Holdings Target Cut To S$0.17 By C

16. Valuetronics Holdings Target Cut To S$0.16 From S$0.31 By UOB KayHian

15. China Fishery Target Cut To S$1.15 From S$1.32 By DBS Vickers

14. Macquarie Intl Infrastructure Fund Target Cut To S$0.58 Vs S$0.62 By DBS Vickers

13. Sembcorp Marine Target Raised To S$6.32 From S$6.08 By Nomura

12. Yangzijiang Shipbuilding Target Cut To S$1.20 From S$1.60 - CS

11. StarHub Target Raised To S$3.60 From S$3.10 By Credit Suisse

10. Neptune Orient Lines Target Cut To S$1.60 Vs S$1.70 By Credit Suisse

9. Singapore MTI Official: Don't Expect Technical Recession
Singapore MAS Official: Monetary Stance Remains Appropriate
Singapore MAS Official: Property Market Has Stabilized
MAS Official: Exporters More Concerned About Volatility Than Singapore Dollar Strength
MAS Official: Export Slowing Unsurprising Given Weak Global Demand

8. Keppel Corp. Secures US$950 Million Vessel-Construction Contracts for Petrobras

7. Yangzijiang Shipbuilding Target Cut To S$1.02 From S$1.30 By CIMB

6. Mapletree Logistics Trust Started At Buy, Target S$1.15 By Jefferies

5. Singapore Revised 2Q GDP -0.7% Adj On Quarter, Annualized Vs -1.1% Earlier Estimate
Singapore Revised 2Q GDP +2.0% On Year Vs +1.9% Earlier Estimate
Singapore Government Expects 2012 GDP to Grow 1.5% to 2.5%
Singapore Govt Keeps 2012 Non-Oil Domestic Exports Growth Forecast of 3% to 5%
Singapore Govt: Growth Outlook for Singapore Econ Remains Cautious
Singapore Govt: Electronics, Wholesale, Tourism Sectors Will Be Affected by Developed Econ Slowdown

4. Mapletree Commercial Trust Started At Hold, Target S$1.16 By Jefferies

3. StarHub Target Raised To S$3.18 From S$3.04 By Macquarie

2. Neptune Orient Lines Target Cut To S$0.90 From S$0.95 By Maybank-Kim Eng

1. The Dow Jones industrial average dipped 10.45 points, or 0.08 percent, to end at 13,165.19. But the Standard & Poor's 500 Index inched up just 0.58 of a point, or 0.04 percent, to finish at 1,402.80. The Nasdaq Composite Index rose 7.39 points, or 0.25 percent, to close at 3,018.64