Tuesday, December 18, 2012

Market Daily -- 18th Dec 12

7. Olam Target Cut To S$1.55 From S$2.50 By Morgan Stanley

6. Ezion +3.0% At S$1.55; EDB Investments Becomes Strategic Holder

5. Singapore Airlines: To Increase Flights to Australia, Japan

4. Ho Bee Investment Target Raised To S$2.21 From S$1.93 By CIMB

3. United Engineers Target Raised To S$3.59 From S$3.13 By CIMB

2. Macquarie International Infrastructure Fund +5.9% At S$0.625; Completes Strategic Review

1. The Dow Jones industrial average .DJI was up 100.38 points, or 0.76 percent, at 13,235.39. The Standard & Poor's 500 Index .SPX was up 16.78 points, or 1.19 percent, at 1,430.36, its highest close since October 22. The Nasdaq Composite Index .IXIC was up 39.27 points, or 1.32 percent, at 3,010.60