DJIA 11,167.32 (+122.05)

• Noble +1% at S$3.04; Players Take Macarthur News In Stride
• First REIT: SIAS Research INCREASE EXPOSURE TP: S$1.10
• Singapore March M1 Money Supply S$97B Vs S$96.9B In February
• Singapore March Bank Loans S$286.30 Bln Vs S$284.75 Bln February
• STI +0.8% at 2,982.15; May Rise More If Banks Deliver - Trader
• Noble Group: No Interest In Talking To Macarthur On Assets
• USD/SGD Lower;Euro Rebounds As Greece Worries Ease
• Ho Bee May Edge Up, But China Concerns Remain
• Venture Corp Target Raised To S$10.73 From S$9.93 By OCBC

DJIA 11,045.27 (+53.28)

• SingTel Pares Gains; Bharti's 1Q Results Weigh
• Genting Singapore Raised To Outperform Vs Trading Buy By CIMB
• DMX: 1Q10 Net Profit Rises 48.5% To US$1.3 Million On Higher Revenue For Seasonally Slowest Quarter
• Darco Water: To Conduct Investigative Checks On Its Taiwan Subsidiary.
• CapitaLand: Strengthens Its Next Level Of Leadership.
• Sinotel Technologies Cut To Neutral From Buy By DMG
• STI May Rise, Fed's Policy Commitment Supportive
• Cosco Corp Target Raised To S$1.81 From S$0.77 By UBS
• Genting Singapore Target Raised To S$1 From S$0.90 By Deutsche
• SIA Engineering Started At Hold, S$3.94 Target By Phillip Sec

DJIA 10,991.99 (-213.04)

• SMRT Target Raised To S$2.42 From S$2.19 By Phillip Securities
• Venture Corp Target Raised To S$11.50 From S$10.06 By Nomura
• Techcomp Holdings Restarted At Buy, S$0.86 Target By CIMB
• Singapore Straits Times Index Opens Down 1.4% At 2948.66
• CWT Started At Buy, S$1.35 Target By UOB KayHian
• Ezra Started At Buy, S$2.50 Target By Pareto Securities
• STI Set To Fall On Renewed Europe Debt Jitters

DJIA 11,205.03 (+0.75)

• Rickmers Maritime Target Raised To S$0.36 From S$0.30 By DBSV
• Consolidation Still A Theme For Aussie Telcos - Macquarie
• China Yongsheng: Profit Warning For The First Quarter Ended 31 March 2010.
• STI May Struggle; Faces Pressure Near Term -DBS
• Raffles Medical Target Raised To S$1.95 From S$1.66 By Nomura
• CapitaMalls Asia Started At Neutral, Target S$2.08-Macquarie
• OCBC Target Raised To S$10.20 From S$9.80 By UBS
• UOB Target Raised To S$21.50 From S$20.50 By UBS
• Starhill Global's 1Q DPU May Sustain Interest
• DBS Target Raised To S$18.50 From S$18.00 By UBS
• USD/SGD Likely In 1.3650-1.3680 Band

DJIA 11,204.28(+69.99)

• Rickmers +6.3%; Eyes On 1Q10 Results, Guidance
• Singapore Government: Got S$350M Bid Commitment For Jurong Lake Land Parcel
• CIMB Starts Hiap Seng At Outperform,Targets S$1.15
• Sembcorp Marine Target Raised To S$4.00 From S$3.75 By MS
• Keppel Corp Target Raised To S$10.80 From S$9.35 By MS
• Sembcorp Industries Target Raised To S$5.00 From S$4.80 By MS
• Frasers Centrepoint +1.5%; S$1.43 Resistance. JPMorgan, which has Overweight call with S$1.65 target
• Pacific Shipping Target Raised To US$0.37 From US$0.30 By DBSV
• Macq Ups Noble Group Target To S$3.90 From S$3.60
• OCBC Upgraded To Outperform, Targets S$10.25 - CS
• Baker Tech Down 7.1% On PPL Sale Uncertainty
• S'pore Mar Manufacturing Likely +30.3% On Yr-Poll
• Huan Hsin Target Raised To S$0.53 From S$0.37 By CIMB
• Noble Group Target Raised To S$3.90 From S$3.60 By Macquarie
• Ziwo Holdings Target Cut To S$0.35 From S$0.60 By CIMB
• Frasers Centrepoint Trust May Rise On Higher DPU
• Rickmers Likely To Rise On Debt, Capex Reprieve

DJIA 11,134.29 (+9.37)

• China Aviation Oil Signs Deal To Borrow Up To $200 Mln From Bank
• Keppel Off 1.4% at S$9.83; Eyes On Petrobras Jobs - JPM
• First REIT: 1Q 2010 Distributable Income Up 1.3% To S$5.2 Million.
• Yanlord Land Target Cut To S$1.99 From S$2.30 By DBS Vickers
• Cosco Corp Target Raised To S$2.30 Vs S$1.65 By CLSA
• Noble: Acquires Stake in Multi-Commodity Port Terminal In Mexico.
• Cheung Woh: Proposed 1 For 5 Bonus Issue.
• STI May Slip; Consolidation Healthy - Analyst
• Keppel Corp Target Raised To S$11.22 From S$10.20 By OCBC
• Singapore Exchange Target Raised To S$8.94 From S$7.24 - Daiwa

DJIA 11,124.92 (+7.89)

• Asian Shares Mostly Lower; Property Firms Lead HK Losses
• Citigroup Looking To Hire Few Hundred Staff In Asia
• Singapore Companies Scramble To Clear Cargo Backlog
• UOB KayHian Cuts SingTel To Hold; Eyes S$3.06
• Trek 2000 International Started At Buy, S$0.39 Target By DMG
• Cambridge Industrial Trims Loss, Still Rangebound
• STI Off 0.4%; Pullback Well Contained -Trader
• Indofood Agri Target Raised To S$2.75 Vs S$2.30 By DBS Vickers
• New Century Shipbuilding Indicative IPO Range S$0.98-$1.19 - Source
• SingTel Fair Price Cut To S$3.06 From S$3.60 By UOB-KayHian
• CapitaCommercial Target Raised To S$1.08 From S$0.94 By BNP
• STI May Consolidate In Expected Listless Trade

DJIA 11,117.06 (+25.01)

• Asian Shares Mostly up; Techs Gain On Apple's Earnings
• Ryobi Kiso: Achieves Net Profit Of $7.9 Million On Revenue Of $31.1 Million For 3Q10
• Pan-United: Incident Involving A Pair Of Tugboat & Barge
• Parkway Holdings: Gleneagles CRC Signs MOU With Clinical Trial Centre Of Severance Hospital In South Korea
• Mermaid Maritime Started At Outperform, S$1 Target By CIMB
• CapitaMall Trust 1Q DPU 2.23 Singapore Cents Vs 1.97 Cents
• Kencana Agri Started At Buy, S$0.38 Target By UOB KayHian
• Keppel Land Target Raised To S$3.57 From S$2.00 By Citi
• Keppel Corp Target Raised To S$8.60 From S$7.50 By Macquarie

DJIA 11,092.05 (+73.39)

• CapitaLand Target Raised To S$4.11 From S$3.70 By Daiwa
• SIA Losing At Least S$4 Million Daily From Europe Airport Closures-Source
• Ascendas REIT May Fall; Lower DPU, Cautious View
• Keppel Corp Target Raised To S$8.15 From S$7.02 By Daiwa
• Sembcorp Marine Target Raised To S$3.40 From S$3.00 By Daiwa
• Starhub Off 1.7% On Ex-Dividend; S$2.33 Support
• USD/SGD May Trade In Range; 1.3730-1.3790 Tipped
• Noble Group May Gain Despite Macarthur Setback
• Cosco Corp Target Raised To S$1.17 From S$0.81 By Kim Eng

DJIA 11,018.66 (-125.91)

• Macquarie Raises SIA Target To S$18.80 Vs S$17.80
• DBSV Ups Yangzijiang Target To S$1.75 Vs S$1.36
• Europe Flight Woes Not All Bad For S'pore - DMG
• Noble Group: Shareholders Reject Gloucester Coal Sale To Macarthur Coal
• MobileOne Target Raised To S$2.41 Vs S$2.20 By Goldman Sachs
• EU Emergency Talks Planned As Volcano Ash Cloud Havoc Worsens
• Singapore Straits Times Index Opens Down 1.0% At 2975.88
• CapitaCommercial Target Raised To S$1.26 From S$1.09 By CIMB
• Singapore Airlines Target Raised To S$18.30 From S$17.30 By MS
• Singapore Air Target Raised To S$18.80 Vs S$17.80 By Macquarie
• CapitaCommercial Target Raised To S$1.25 From S$1.11 By Citi
• STI Likely To Fall Below 3000 On Goldman News
• USD/SGD Higher; Resistance Tipped At 1.3800
• Tiger Airways Unveils Third Air Base In Australia
• Yangzijiang May Inch Up On Rig-Building Foray

DJIA 11,144.87 (+21.46)

• Noble Off 2.5% at S$3.13; Asset Swap May Fail - Analyst
• CapitaCommercial Target Raised To S$1.24 From S$0.96 By DMG
• China Hongxing Sports Started At Buy, S$0.22 Target By DMG
• First Resources Target Raised To S$1.32 From S$0.95 By Daiwa
• Indofood Agri Target Raised To S$2.59 From S$1.78 By Daiwa
• Wilmar Target Raised To S$7.77 From S$6.54 By Daiwa
• Golden Agri Target Raised To S$0.74 From S$0.50 By Daiwa
• SGX May Rise On Higher Profit, Dividend, Outlook
• Tat Hong Target Raised To S$1.24 From S$0.87 By CIMB
• Tiong Seng Opens At S$0.275 On SGX Debut Vs S$0.28 IPO Price

DJIA 11,123.11 (+103.69)

• Keppel +1.3% at S$9.57; Brazilian Yard Buy Positive -Citi
• Singapore PM: May Look To Curb Property Speculation If Needed-Report
• Singapore PM: Strong GDP Growth Won't Continue Indefinitely-Report
• Starhub Started At Buy, Target S$2.92 By UOB KayHian
• Keppel Corp Target Raised To S$10.60 From S$9.15 By Citi
• STI +0.3% at 3,029.16; Market May Pull back Near-Term - UBS
• Sembcorp Industries Target Raised To S$4.73 Vs S$3.95 By Citi
• Yangzijiang Plans Taiwan Depositary Receipts Issue - Report
• Yangzijiang Target Raised To S$2.10 From S$1.50 By CIMB
• China Minzhong Food Opens Flat At S$1.20 On SGX Debut
• STI May Extend Gains; Eyes On China Econ Data

DJIA 11,019.42 (+13.45)

• Morgan Stanley Ups M1 Target To S$2.40 Vs S$2.10
• CMA +0.4% at S$2.30; Little Impact From 1Q Results Net Profit Increases Ninefold
• NOL +6.7% at S$2.27 In Active Trade On Firmer Econ Outlook
• Singapore's Double-Barrel Tightening Surprises-ING
• Sinotel Technologies Cut To Hold From Buy By DBS Vickers
• UOB KayHian Starts SATS At Buy, S$3.60 Target
• Hong Leong Asia Target Raised To S$5.67 From S$4.36 By DBSV
• Singapore Tightens Monetary Policy As Economy Surges
• CapitaMalls Asia: Records 1Q 2010 PATMI Of S$96.8 Million
• Singapore Construction Strong Despite 1Q10 Data
• AUD/USD, NZD/USD Rises On Singapore Tightening
• Singapore Construction Strong Despite 1Q10 Data
• SembMarine Target Raised To S$5.05 From S$4.60 By JPMorgan
• Keppel Corp Target Raised To S$11.00 From S$9.70 By JPMorgan
• M1 Target Raised To S$2.40 From S$2.10 By Morgan Stanley
• STI May Gain On 1Q GDP But Earnings To Set Tone
• Starhub Target Raised To S$2.65 From S$2.35 By Deutsche Bank
• Singapore 1Q GDP Grew Much Faster-Than-Expected
• US Dollar Quoted Below S$1.3800; First Time Since Dec 4

DJIA 11,005.97 (8.62)

• STI Off 0.2%; Pullback Timely, Expected -Broker
• Singapore Private Housing Market Not As Hot -BNP
• Yangzijiang Pares Gains But Near 26-Month High at S$1.33
• China Animal May Test At Least S$0.45 - CIMB
• Cosco Corp Target Raised To S$1.80 From S$1.60 By DBS Vickers
• M1 Started At Buy, S$2.84 Target By UOB KayHian
• China Animal Healthcare: Proposed Dual Primary Listing On The Main Board Of The Stock Exchange Of Hong Kong Limited.
• Armstrong Industrial Target Raised To S$0.45 Vs S$0.37 By DMG
• Fraser & Neave Started At Buy, S$6 Target By Deutsche Bank
• Tiger Airways Target Raised To S$1.90 From S$1.77 By MS
• Cosco May Extend Gains On CNY530M Ship Orders
• STI Resistance At 3000;Smaller Caps May Outperform
• Yangzijiang Target Raised To S$1.44 From S$1.32 By OCBC
• ST Engineering Target Raised To S$3.66 From S$3.19 By OCBC
• Sembcorp Marine Started At Buy, S$4.72 Target By Phillip Sec
• Macarthur Coal Shareholders Reserve Judgement
• CSC Holdings May Edge Up As Orderbook Expands

DJIA 10,997.35 (+70.28)

• Cache Logistics Trust Opens At S$0.995 On SGX Debut Vs S$0.88 IPO
• Cosco, JES Rally; Investors Eye Marine Laggards
• Thomson Medical: AmFraser Retail Research ACCUMULATE (Downgraded) TP: S$0.77.
• K-REIT Target Raised 31% To S$1.30 By UOB KayHian
• Keppel Land Target Raised 11% To S$4.60 By UOB KayHian
• USD/SGD May Fall; Tipped In 1.3850-1.3900 Band
• Falcon Energy Started At Buy, S$0.99 Target By Kim Eng
• Cache Logistics Trust Target Set At S$1.23 By CIMB
• Midas +1.8% at S$1.11; JV Lands CNY474M Suzhou Contract
• Debao Property Opens At S$0.405 On SGX Debut Vs S$0.43 IPO

DJIA 10,927.07 (+29.55)

• Golden Agri-Resources Target Set At S$0.65 By Goldman Sachs
• Indofood Agri Target Raised To S$3.20 From S$2.90 By GS
• Starhub Flat at S$2.35; Cuts Pay-TV Sports Content Price
• MobileOne Target Raised To S$2.55 From S$2.30 By DMG
• Thomson Medical Results May Lift Sector Interest
• Ying Li Intl Target Cut To S$1.04 From S$1.20 By Kim Eng
• Tiger Airways Target Raised To S$2.40 From S$2.00 By Citi
• Macarthur Coal Bidding War Erupts As New Hope Offers A$3.7B
• STI May Edge Up; 3000 Cap; Eyes On Earnings

DJIA 10,897.52 (-72.47)

• UOB Target Raised To S$22.20 From S$21.20 By DBS Vickers
• OCBC Target Raised To S$10.15 From S$9.50 By DBS Vickers
• Lian Beng Group Started At Buy, S$0.50 Target By CIMB
• Kencana Agri Started At Buy, S$0.375 Target By DMG
• HTL International Started At Buy, S$1.10 Target By DMG
• KLCI May Fall After 12-Day Rise; 1339-1354 Tipped
• Stks With Thai Exposure May Fall
• Venture Corp Target Raised To S$9.93 From S$9.04 By OCBC
• STI May Snap Recent Winning Streak; 2950 Support

DJIA 10,969.99 (-3.56)

• Singapore Dollar Flat Late; Market Awaits Bernanke's Speech
• GMG Global +17.5% at S$0.235; Roadshow In Shanghai
• CHINA ENERGY WATCH: Jet Fuel Imports May Struggle To Take Off
• STI +0.5%; Fundamentals Supportive - Nomura
• Asian Shares Mostly Up; China Real Estate Cos Weak
• Yongnam +3.5% at S$0.295 On Order Flow; May Test S$0.30
• Noble Ultimate Winner In Macarthur Saga - CIMB
• Cosco Corp Target Raised To S$1.60 From S$1.00 By DBS Vickers
• SPH, Wilmar Undervalued Asia Consumer Stocks -CS
• USD/SGD Lower; But EUR Fall Eyed; Support 1.3860
• Major Quake Off Aceh, Indonesia Triggers Tsunami, Panic
• Setback For Noble If It Can't Get Macarthur - DMG
• STI May Open Tad Lower; HK May Offer Direction

DJIA 10,973.55 (46.48)

• United Engineers +2.0% at S$2.56;Commercial Ppty Proxy -CIMB
• Golden Agri +1.6% at S$0.62; May Test Recent S$0.655 High
• Myanmar To Escape Censure At Asean Summit - Observers
• UBS Cuts UOB To Neutral, Cuts Target To S$20.50
• USD/SGD Lower; To Trade In 1.3900-1.4020 Range
• Yongnam: Clinches S$75.5 Million Contract For The Mumbai International Airport.
• Noble Group May Slip; Gloucester Sale Woes Eyed. Noble Group Offers A$12.60/Share For Rest Of Gloucester Coal

Closing STI index - April 2010

29 Apr: 2,959.01 (+26.97)
26 Apr: 3,002.62 (+14.13)
22 Apr: 2,980.69 (+13.04)
21 Apr: 2,967.65 (-13.72)
19 Apr: 2,960.93 (-46.26)
15 Apr: 3,016.94 (-2.80)
14 Apr: 3,019.74 (+48.14)
13 Apr: 2,971.60 (-5.57)
12 Apr: 2,977.17 (+5.20)
09 Apr: 2,971.97 (+8.78)
08 Apr: 2,963.19 (-24.91)
07 Apr: 2,988.10 (+12.59)
05 Apr: 2,968.38 (+25.36)

DJIA 10,905 (+45)

• More Govt Moves In S'pore Home Mkt Unlikely - CS
• STI On Way To New 2010 High; 3000 Resistance
• Higher Steel Prices To Hit Ship Builders -OCBC
• Golden Agri-Resources: SMART Appoints Control Union Certification And BSI Group To Verify Greenpeace Reports.

DJIA 10,856.63 (-50.79)

• Noble Off 0.7% at S$3.04; N/T Hinges On Macarthur Deal
• A-REIT: Completes Purchase Of 31 Joo Koon Circle And DBS Asia Hub For S$131.0 Million
• Phillip Sec Raises NOL To Buy; S$2.32 Target
• TTJ Holdings Opens At S$0.19 On SGX Debut Vs S$0.20 IPO Price
• CNA Group Target Cut To S$0.46 From S$0.57 By DMG
• ST Engineering Target Raised To S$2.68 From S$2.37 By CS
• Tat Hong Target Cut To S$0.86 From S$1.02 By OCBC
• Neptune Orient Target Raised To S$2.32 From S$1.95 By Phillip
• STI May Slip; Holiday, US Job Concerns May Weigh