Monday, April 8, 2013

Market Daily -- 8th Apr 13

8. Temasek: Extended Deadline for Danamon Stake Sale to DBS by 2 Months
DBS Awaiting Indonesia Regulatory Nod for Bid to Buy Bank Danamon

7. Singapore Trade Minister: CPI Increase Averaged 4.2% in Jan and Feb 2013
Accommodation, Car Prices to Account for About 60% of Inflation in 2013
Singapore Minister: 'Benign' Imported Inflation in 2013
Singapore Minister: Govt Measures to Soften Impact of Wage Pressures
Singapore Minister: Expect 2013 CPI Increase at 3.5%-4.5%

6. Suntec REIT Target Raised To S$2.10 From S$1.80 By OSK-DMG

5. Macquarie International Infrastructure Fund Fair Value Cut To S$0.59 Vs S$0.70 By AmFraser

4. Wilmar Target Cut To S$3.72 From S$3.88 By DBS Vickers

3. Global Logistic Properties Target Cut To S$2.70 from S$2.80 By Nomura

2. Cordlife Group Started At Buy, Target S$0.84 By Phillip Securities

1. The Dow Jones industrial average .DJI was down 40.86 points, or 0.28 percent, at 14,565.25. The Standard & Poor's 500 Index .SPX was down 6.70 points, or 0.43 percent, at 1,553.28. The Nasdaq Composite Index .IXIC was down 21.12 points, or 0.66 percent, at 3,203.86.