Thursday, April 4, 2013

Market Daily -- 4th Apr 13

8. Myanmar to Join Asean Infrastructure Fund at Earliest Opportunity - Asean Communique
Asean to Take Efforts to Harness Capital Inflows, Deepen Markets - Asean Communique
Asean To Develop New Regional Investment Vehicles - Asean Communique
Asean Economies to Grow 5.3%-6.0% This Year - Asean Communique
Tharman: In Everyone's Interest That Japan Can Reflate Economy
Singapore Tharman: For Now, Asean Can Cope With Capital Inflows
Singapore Tharman: Macroprudential Policies Can Help Asean Tackle Capital Flows

7. Singapore Govt: SingTel Signs Pact With Al Noor to Distribute Satellite Services in Myanmar

6. Asean+3 to Study Promoting Infrastructure Bonds to Boost Investment - Source

5. First REIT Fair Value Raised To S$1.31 From S$1.00 By OCBC

4. Ascendas REIT Target Raised To S$2.70 From S$2.60 By Maybank-Kim Eng

3.  Macquarie Korea Opportunities Fund to Sell Stake in Taiwan Unit-Source
IPO of 100% of Pay TV Network Operator to Raise Over US$1B-Source
JPMorgan, DBS, CIMB, Macquarie Joint Lead Managers of IPO-Source
IPO Marketing to Begin in April, Listing Targeted by May-Source

2. Macquarie International Infrastructure Fund: Plans to Sell 47.5% Stake in Taiwan Broadband Communications
MIIF: Plans to Sell Stake to Asian Pay Television Trust
MIIF: To List Asian Pay Television Trust as Business Trust in Singapore
MIIF: Seeks Minimum Value of S$469.5 Million for Taiwan Broadband Communications Stake
MIIF: Gets Listing Approval for Asian Pay Television Trust From Singapore Exchange
MIIF Proposes IPO of Asian Pay Television Trust in Singapore-Source

1. The Dow Jones industrial average .DJI was down 111.66 points, or 0.76 percent, at 14,550.35. The Standard & Poor's 500 Index .SPX fell 16.56 points, or 1.05 percent, at 1,553.69, its biggest daily percentage decline since February 25. The Nasdaq Composite Index .IXIC was down 36.26 points, or 1.11 percent, at 3,218.60.