Thursday, December 31, 2009

DJIA 10,548.51 (+3.10)

  • Singapore November M1 Money Supply S$93.29 Bln Vs S$91.87 Bln October
  • Z-Obee +9.1%; Dual Listing Hopes In HK Revived
  • STI Off 0.2%; But New Year Tipped Positive-Dealer
  • USD/SGD Likely To Consolidate; 2010 Outlook Eyed
  • STI Tipped In 2850-2900 Band;Market Open Half Day

Wednesday, December 30, 2009

DJIA 10,545.41 (-1.67)

  • Singapore 4Q, Full-Year GDP Likely Down
  • STI In Tight 2863-2873 Band; Small Caps Active
  • STI Off 0.1%; Dual Listing Plays Dominate Trade
  • SMRT Target Raised To S$2.22 Vs S$1.84 By BNP Paribas
  • Design Studio +3.4% at S$0.615;Strong Earnings Upside-Kim Eng
  • Genting Singapore Off 2.3% at S$1.25 After Recent Rally
  • CWT +8.3% at S$0.845; Hopes For S'pore REIT Listing Increase
  • USD/SGD Likely In Range; To Pace Majors-Traders
  • Demand-Led Earnings To Drive S'pore Mkt - S&P
  • STI May Slip, But Market Undertone Firm - Analyst

Tuesday, December 29, 2009

DJIA 10,547.08 (+26.98)

  • Cosco +5.3% at S$1.20; Laggard Buying In Play - Trader
  • Citi Cuts Suntec REIT To Hold; S$1.33 Target
  • STI +0.1%;2873 Cap Eyed;Oil & Gas Shares Firm
  • Hospitality Stks May Gain On S'pore Tourism Data
  • OCBC Target Raised To S$9.47 Vs S$8.94 By Daiwa
  • UOB Target Raised To S$20.10 Vs S$19.10 By Daiwa
  • DBS Target Raised To S$13.37 Vs S$12.74 By Daiwa
  • STI May Rise; Capricorn Effect May Assist -Dealer

Monday, December 28, 2009

DJIA 10,520.10 (+53.66)

  • Singapore Straits Times Index Hits 2851, 17-Month High
  • USD/SGD Likely In Tight Range; 1.4050 Support
  • Olam Target Raised To S$3.04 Vs S$1.59 By Daiwa
  • STI May Drift In 2800-2850 Band;Market Eyed Quiet

Wednesday, December 23, 2009

DJIA 10,464.93 (+50.79)

  • CNA Group +3%; Lands S$18M Contracts In Vietnam
  • FX ASIA: Interest Rate Hikes To Drive Asian Currencies Higher
  • Hock Lian Seng Flat at S$0.285; Valuations Attractive - DMG
  • Asian Shares Mostly Up; Australia Coal Stocks Up On M&A
  • Oceanus Group +1.3% at S$0.395 As TDR Plan Takes Shape
  • USD/SGD Hits Over 2-Month High; Resistance 1.4140
  • KepCorp Off 0.2%; Contract Sizes To Shrink - Daiwa
  • STI +0.4%, But N/T Outlook Uncertain - Analyst
  • Singapore Nov CPI Likely Down 0.4% On Year -Poll
  • EuNetworks Group: Looking To Place Maximum S$95.8M Rights Issue
  • Z-Obee Likely Down As HK Listing Plan Suspended
  • Genting Singapore Started At Trading Buy, S$1.26 Target By OSK
  • STI May Set New 2009 High But Market Likely Quiet

Tuesday, December 22, 2009

DJIA 10,414.14 (+85.25)

  • Oceanus +2.7% at S$0.385; Gets SGX Approval For TDR Issue
  • USD/SGD Unlikely To Break Through 1.41 N/T
  • Macarthur Coal May Be Offering Noble Minimum 15% Premium For Gloucester-Source
  • STI May Rise On Overseas Leads; 2800 First Cap
  • Noble Group Supporting Macarthur Coal's Approach For Gloucester -Report

Monday, December 21, 2009

DJIA 10,328.89 (+20.63)

  • STI +0.1%; Stuck Around 2,800 N/T -Analyst
  • Nomura Raises UOB Target To S$22.80; Keeps Buy
  • Yanlord Down 0.9% at S$2.26; New Loan More Expensive - JPM
  • STI May Edge Up On Overseas Cues; 2827 Resistance

Friday, December 18, 2009

DJIA 10,308.26 (-132.86)

  • Aviva Asia Names New Regional Strategy Director, Financial Chief
  • Singapore Dollar Tad Firmer Late As Greenback Rally Pauses
  • Goldman Sachs Upgrades NOL To Buy; S$2.20 Target
  • STI Down 0.8%; Upside Momentum Fading - OCBC
  • Singapore Banks To Ride GDP Growth In 2010 - CLSA
  • Straits Asia Target Raised To S$2.20 From S$2.05 By Goldman
  • GIC: Citigroup Stake To Be Diluted To About 4% After Citi Offering
  • STI Likely Down On Wall Street Lead; 2800 Support

Thursday, December 17, 2009

DJIA 10,441.12 (-10.88)

  • Singapore Water Plays Look Good Bets - CIMB
  • CLSA Raises Ezra Target To S$2.54; Keeps Buy
  • Singapore November Exports Up; Recovery Broad-Based
  • STI +0.4%; Offshore, Commodity Plays Lead Gains
  • Singapore MAS: Proposes Bank Private Equity Investment Rule Changes
  • Parkway Hldgs Target Raised To S$3.31 From S$2.87 By Nomura
  • SMRT Target Raised To S$2.05 From S$1.92 By OCBC Inv Research
  • STI May Seesaw In 2800-2850 Range On Muted Cues
  • Singapore Airlines May Take Breather Post Gains

Wednesday, December 16, 2009

DJIA 10,452.00 (-49.05)

  • Genting S'pore +3.7% at S$1.13; Spotlight On RWS Open -CIMB
  • Singapore Nov Exports Likely Up; First Time In 19 Mos
  • UBS Downgrades Noble To Neutral; S$3.20 Target
  • S'pore Property Stks Down; Home Sales Weak N/T-DBS
  • BoA-ML Starts Indofood Agri At Buy; S$2.60 Target
  • SIA May Edge Higher On Improved Operating Data
  • Noble Group Cut To Neutral From Buy By UBS
  • Wilmar Target Raised To S$8.00 From S$7.00 By UBS
  • StarHub/SingTel Joint World Cup Bid Good News -DB
  • STI May Edge Up On Regional Cues; 2812 To Cap

Tuesday, December 15, 2009

DJIA 10,501.05 (+29.55)

  • Singapore Air: November Passenger Load Factor 81.9% Vs 78.1%
  • Daiwa Raises Singapore Plantation Stocks' Targets
  • Asian Shares Mixed; Caution Before Fed Meeting
  • Swiber +1.6%; Orders Return With Vengeance -DMG
  • OCBC Underweight Singapore Ship Trusts
  • Genting +0.9%; Cairo Casino Natural Expansion -DB

Friday, December 11, 2009

DJIA 10,405.83 (+68.78)

  • Suntec REIT Off 0.8%; Asset Write-Down Eyed -DMG
  • Wilmar,Noble Top S'pore Commodity Picks - Nomura
  • S'pore Tech Sector Prospects Brightening - OCBC
  • Suntech REIT: To Issue 128.5 Million New Units Via Pvt Placement
  • STI +0.1%; Any Year-End Push Likely Mild - Dealer
  • Keppel Corp Target Raised To S$8.00 Vs S$7.45 By Credit Suisse
  • STI May Open Up; China Econ Data Could Set Tone
  • Credit Suisse Lifts Keppel Land Target To S$3.42
  • Singapore Property Stocks Still Have Upside - CS

Thursday, December 10, 2009

DJIA 10,337.05 (+51.08)

  • Noble Target Raised To S$3.73 From S$3.17 By OCBC
  • Acheiva May Edge Up On New Shareholder Entry
  • STI May Edge Up; Yr-End Rally Unlikely -Analyst
  • Singapore Dollar Up Against US Dollar; US Dollar At S$1.3899
  • CS Upgrades SGX To Outperform; S$10.10 Target
  • Singapore Housing Market May See More Curbs -UBS
  • RBS Downgrades Olam To Sell; S$1.63 Target

Wednesday, December 9, 2009

DJIA 10,285.97 (-104.14)


  • STI Likely Down; Commodity, Rig Plays May Weaken

  • Roche To Spend S$100M For Research Center In Singapore -Report

  • Suntec REIT Target Raised To S$1.43 Vs S$1.21 By OCBC

  • Singapore STI May Climb To 3250 In 2010 - Citi

DJIA 10,285.97 (-104.14)

  • CapitaMalls Asia +2.3% at S$2.66; Joins MSCI Tomorrow
  • STI Flat, But May Hit New 2009 Soon - CIMB
  • Golden Agri Restarted At Buy By CLSA; S$0.65 Target
  • Aqua-Terra, SSH Rally On KS Energy Buyout Bid
  • OSK Cuts Genting Malaysia Target To MYR2.70
  • S-REITs May Pursue More Acquisitions in 2010-OCBC
  • S-Chips May Gain From China XLX Dual Listing-CIMB
  • SembMarine +0.3% at S$3.57; Rig Sale Positive - JPMorgan
  • STI Likely Down; Commodity, Rig Plays May Weaken
  • Roche To Spend S$100M For Research Center In Singapore -Report
  • Suntec REIT Target Raised To S$1.43 Vs S$1.21 By OCBC
  • Singapore STI May Climb To 3250 In 2010 - Citi

Tuesday, December 8, 2009

DJIA 10,390.11 (+1.21)

  • DBS Vickers Ups Sembcorp Marine Target To S$4.26
  • STI +0.1%; Minimal Upside For Rest Of Yr -Analyst
  • Asian Shares Lower; Japan Stimulus Fails To Fire Nikkei
  • DBSV Raises Keppel Corp To Hold; S$8.01 Target
  • China XLX +16.7% As Shares Debut In Hong Kong
  • Sembcorp Marine Target Raised To S$4.26 Vs S$3.62 By DBSV
  • Swiber Holdings Target Raised To S$1.24 Vs S$0.73 By DBSV
  • HSBC Starts SGX At Neutral; S$8.20 Target
  • S'pore Rig Building Orders May Disappoint - CS
  • DMG Starts Transpac Indus At Buy, S$2.28 Target
  • MAP Tech May Edge Up On Taiwan Listing Plan
  • Yongnam Holdings Target Raised To S$0.47 Vs S$0.44 By CIMB
  • Keppel Land Target Raised To S$3.81 Vs S$3.37 By DB
  • City Developments Target Raised To S$11.31 Vs S$11.19 By DB
  • NOL May Slip; Nov Freight Rates, Volume Down
  • Eastern Holdings May Rise On Restructuring Plan
  • STI May Be Stuck In Tight Band; 2808 Cap Eyed

Monday, December 7, 2009

DJIA 10,388.90 (+22.75)

  • S'pore Stock Rally Can Last 6-8 More Mos - CIMB
  • JPM Raises ST Engineering Target To S$4.00
  • M1 Best Placed For New Broadband Network - CS
  • CSE Global Target Raised To S$1.18 Vs S$1.00 By DBS Vickers
  • BNP Raises CapitaLand To Hold; S$4.02 Target
  • Ying Li Intl Started At Buy, S$1.20 Target By Kim Eng
  • Noble Group Target Raised To S$3.73 Vs S$3.17 By OCBC
  • KS Energy, Sinwa May Fall; Boat Charter Axed
  • City Developments Target Raised To S$11.66 Vs S$10.83 By BNP
  • Hongkong Land Target Raised To US$6.00 Vs US$5.03 By Nomura

Friday, December 4, 2009

DJIA 10,366.15 (-86.53)

  • SIA Off 1.2% at S$13.58; Investors Cool On Tiger Airways IPO
  • Singapore Technologies Engineering Unit Gets US$90M Contract
  • OCBC Raises Keppel Corp To Buy, Target To S$9.70
  • Tiger Airways Mulls US$300M-US$500M IPO - Source
  • Sembcorp Marine Target Raised To S$4.16 Vs S$3.85 By OCBC
  • Genting Singapore May Fall After Casino Open - CS
  • S'pore Banks' 2010 Revenue Growth May Be Weak -CS Ezra Holdings Target Raised To S$2.40 Vs S$2.27 By OCBC
  • Parkway Holdings Target Raised To S$3.46 Vs S$3.31 By Kim Eng
  • Deutsche Bank Trims StarHub Target To S$2.35
  • STI May Pullback On Weak US Data; 2776 Support

Thursday, December 3, 2009

DJIA 10,452.68 (-18.90)

  • MobileOne +2.2%; Offers Good Value, Yield -RBS
  • Parkway +4.6% at S$2.93; Overbought But Downside Eyed Small
  • S'pore Stock Market Valuation Not Excessive - UOB
  • STI Flat; Market Quiet, Lacks Firm Direction
  • CapitaLand May Unveil S$0.12/Shr Special Payout-KE
  • STI May Edge Up, Track Region; 2803 Resistance
  • Palm Oil Prices May Average MYR2,500 Next Yr - CS
  • Hiap Tong Opens At S$0.28 On SGX Debut Vs S$0.26 IPO Price
  • Yangzijiang Cut To Underperform From Neutral By CIMB

Wednesday, December 2, 2009

DJIA 10,471.58 (+126.74)

  • Asian Shares Up; Banks Gain On Fading Dubai Worries
  • Genting Singapore Target Cut To S$1.17 From S$1.26 By DB
  • SPH Off Highs; Watch Out For Rising Costs - JPM
  • Suntec REIT Target Raised To S$1.59 Vs S$1.43 By CIMB
  • DBS Group Target Raised To S$18.50 From S$16.00 By UBS
  • S'pore Cos Likely To Return Cash To Holders - CS
  • SPH May Rise; Pay Move Shows Confidence - Citi
  • S'pore STI End-2010 Target Raised To 3200 From 2960 By UBS
  • UOL Group Target Raised To S$4.55 Vs S$4.16 By OCBC

Tuesday, December 1, 2009

STIndex December 2009

30 Dec 2009: 2,879.89 (+10.13)
22 Dec 2009: 2,823.82 (+37.01)
21 Dec 2009: 2,786.81 (-15.78)
18 Dec 2009: 2,802.59 (-10.68)
17 Dec 2009: 2,813.27 (-0.66)
16 Dec 2009: 2,813.93 (+15.23)
15 Dec 2009: 2,798.70 (-0.84)
11 Dec 2009: 2,802.84 (+20.98)
09 Dec 2009: 2,797.21 (-8.29)
07 Dec 2009: 2,796.98 (+5.97)
04 Dec 2009: 2,791.01 (-17.17)
03 Dec 2009: 2,808.18 (+11.84)
01 Dec 2009: 2,770.95 (+38.83)

DJIA 10,344.84 (+34.92)

  • HL Finance +4.5% at S$2.80; No Mideast Exposure - UOB
  • Goldman Ups Singapore Airlines Target To S$15.00
  • AusGroup +1.6% at S$0.655 On A$30M Boost To Orderbook
  • Thakral Corp May Rise On S$0.05/Share Payout
  • S'pore Banks' 2010 Loan Growth Eyed Small -BoA-ML
  • CityDev Off 0.1%; Low Impact From Dubai Woes -UOB
  • CS Likes HK Landlords; Tips HK Land, Swire, Wharf
  • CAO Seeks Up To 115,000 Tons Jet Fuel For Dec Arrival -Trader
  • S'pore Banks' Loan Growth To Remain Sluggish - MS
  • Rickmers May Fall On Higher Interest Cost
  • STI May Rise; Selling Interest Low - AmFraser
  • Genting Singapore Target Raised To S$1.20 From S$1.15 By JPM
  • Cambridge REIT Target Raised To S$0.45 From S$0.40 By CLSA
  • Noble Group Target Raised To S$3.30 From S$2.80 By Macquarie
  • DBS' S$1.8B Dubai Exposure Insignificant -Analyst