Tuesday, August 7, 2012

Market Daily -- 7th Aug 12

10. Singapore July Foreign-Exchange Reserves $244.1B Vs $243.4B in June

9. Yongnam Target Cut To S$0.40 From S$0.50 By Credit Suisse

8. Pan-United Corp Target Raised To S$0.78 From S$0.70 By DBS Vickers

7. Yongnam Holdings Target Cut To S$0.24 From S$0.30 By DBS Vickers

6. Hutchison Port Holdings Trust Target Cut To US$0.73 Vs US$0.80 By Barclays

5. Marco Polo Marine Fair Value Raised To S$0.53 From S$0.43 By OCBC

4. Keppel Corp: Signs US$4.1B Worth of Rig-Building Contracts With Sete Brasil

3. Sarin Technologies Target Cut To S$1.66 From S$1.82 By Maybank-Kim Eng

2. Sound Global: To Offer US$150 Mln 2017 Bond Issue
Sound Global: Bonds Will Carry 11.875% Coupon 

1. The Dow Jones industrial average .DJI rose 21.34 points, or 0.16 percent, to 13,117.51 at the close. The Standard & Poor's 500 Index .SPX gained 3.24 points, or 0.23 percent, to 1,394.23. The Nasdaq Composite Index .IXIC advanced 22.01 points, or 0.74 percent, to end at 2,989.91