Friday, December 7, 2012

Market Daily -- 7th Dec 12

5. Singapore November Foreign Exchange Reserves $255.8B Vs $254.2B in October

4. Genting Singapore Exec Chairman: See Slower Rise of Gambling Revenue From Overseas Players
Genting Singapore Exec Chairman: Confident Gambling Revenue From Overseas Players Will Still Rise
Genting Chairman: Genting HK Sees Echo Stake as Portfolio Investment
Genting Chairman: May Take Time to Get Regulatory Approval to Raise Echo Stake Above 25%
Genting Singapore: Expect Japan to Pass Casino Legislation in Next 12-18 Months
Genting Chairman: Expect to See New Push for Casino Legislation in Miami 
Genting Singapore Chairman: Expect Faster Growth in Non-Gambling Business Than in Gambling Segment
Genting Chairman: Japan More Likely to Pass Casino Laws Vs Other Potential Asian Markets 

3. Olam International Target Cut To S$1.60 From S$2.40 By Macquarie

2. Sembcorp Marine Secures $434 Million Rig-Building Contract From Mexico's Oro Negro

1. The Dow Jones industrial average .DJI rose 39.55 points, or 0.30 percent, to 13,074.04 at the close. The Standard & Poor's 500 Index .SPX added 4.66 points, or 0.33 percent, to 1,413.94. The Nasdaq Composite Index .IXIC gained 15.57 points, or 0.52 percent, to close at 2,989.27.