Wednesday, October 10, 2012

Market Daily -- 10th Oct 12

13. Germany Does Not See Euro Zone As Sole Cause Of Weak Global Economy -Govt Source
Germany Urges "Fair, Balanced" Discussion At IMF Meeting In Tokyo -Govt Source 
Germany Sees Monetary Policy As Only Short-Term Tool In Fight To Stem Crisis - Govt Source

12. Fraser & Neave Sees $7.2B Offer By TCC Assets As 'Not Compelling' - Source
Fraser & Neave Board To Decide On TCC Assets Offer Thursday - Source 

11. Overseas Union Enterprise Was Bidder for F&N Hospitality, Serviced-Residences Assets - Sources

10. Thai Beverage +7.7% at S$0.42; F&N Gets Bid for Hospitality Assets

9. Raffles Medical Fair Value Raised To S$2.82 From S$2.63 By OCBC

8. Lippo Malls Indonesia Retail Trust: Total Acquisition Costs to Be About S$188 Mln

7. Lippo Malls Indonesia Retail Trust: To Buy 4 Indonesia Properties for About S$180.7M

6. CapitaMalls Asia Started At Equal-Weight, S$1.83 Target - Barclays

5. Fraser & Neave: Gets Unsolicited S$1.4 Billion Offer from Third Party for Hospitality, Serviced Residence Businesses
Fraser & Neave: Won't Respond to Third-Party Offer for Hospitality, Serviced Residence Businesses-
Fraser & Neave: Sees Hospitality, Serviced Residence Businesses as Integral Part of Property Arm 

4. CapitaCommercial Trust Target Raised To S$1.65 From S$1.56 - Daiwa

3. CapitaLand Started At Overweight, S$3.91 Target - Barclays

2. CapitaMall Trust Started At Equal-Weight, S$2.22 Target - Barclays

1. The Dow Jones industrial average .DJI fell 110.12 points, or 0.81 percent, to 13,473.53 at the close. The S&P 500 .SPX lost 14.40 points, or 0.99 percent, to 1,441.48. The Nasdaq Composite .IXIC dropped 47.33 points, or 1.52 percent, to close at 3,065.02