DJIA 10,135.63 (-122.36)

• Citi Ups CapitaCommercial Trust Target To S$1.29
• Millennium & Copthorne Hotels: CEO Richard Hartman To Retire By Year End
• Integrated Healthcare Appoints DBS, OCBC, UOB Joint Leads For Parkway Holdings Partial Offer
• Biosensors Off 0.6% at S$0.79; Risk Of China Delay - CS
• Keppel Unlikely To Get Boost From K-Green Listing
• Hong Leong Asia Target Cut To S$4.88 From S$5.78 By CIMB
• Parkway Holdings Target Raised To S$3.49 From S$2.80 By DBS
• Parkway Holdings Opens +19.9% At S$3.62 On Khazanah Offer

DJIA 9,974.45 (-69.30)

• Singapore Airport Terminal Target Set At S$2.87 By Phillip Sec
• K-REIT Asia Target Raised To S$1.55 From S$1.40 By Nomura
• CapitaCommercial Target Raised To S$1.51 From S$1.35 By Nomura
• Keppel Land Target Raised To S$4.30 From S$3.93 By Nomura
• Genting Singapore Target Raised To S$1.22 Vs S$0.98 By BoA-ML

DJIA 10,043.75 (-22.82)

• MCL Land: Awarded Site At Hougang Avenue 2.
• OCBC Ups CapitaMall Trust To Buy; Target $1.95
• Hour Glass Target Cut To S$0.75 From S$1.10 By UOB KayHian
• Japan Foods: Achieves 67.9% Jump In FY2010 Net Profit To S$4.6 Million.
• CIMB Starts Otto Marine At Outperform at Outperform with S$0.47 target price
• SingTel +2.2% at S$2.82; Upside Earnings Potential -Nomura
• UBS Raises SIA To Buy, Lifts Target To S$15.50

DJIA 10,066.57 (-126.82)

• Singapore Maritime Port Authority: Two Vessels Collide In Singapore Strait
• Prudential Opens At US$7.55 In Singapore Debut
• Prudential should trade near London close of GBP5.30, or equivalent of HK$59.69, in HK debut today.
• NOL May Slip; Improving Outlook Priced In - CS
• USD/SGD Looks "A Good Sell" Above 1.4100
• Genting Singapore Target Raised To S$1.23 From S$0.99 By UBS
• First Resources Started At Outperform, S$1.55 Target By RHB
• Singapore Airport Terminal Target Set At S$3.20 By Deutsche
• Wilmar Target Cut To S$6.75 From S$7.45 By Deutsche Bank
• Tat Hong Target Raised To S$0.975 From S$0.86 By OCBC
• STI Likely Down; 2678 Floor; Prudential In Focus

DJIA 10,193.39 (+125.38)

• Any New Property Curbs To Target Speculators-OCBC
• Singapore April Inflation Beats Estimates, Divides Analysts
• Wilmar +4.0%;Tax Concerns More Than Priced In-OCBC
• Hsieh Becomes Temasek President; To Spearhead Search For New CEO - Sources
• S'pore Developers Up; No Property Bubble Yet -CS
• Singapore April CPI Likely +2.6% On Year -Poll
• Wilmar Target Cut To S$7.15 From S$7.95 By OCBC
• USD/SGD Likely To Consolidate;1.40-1.41 Band Eyed
• SIA: $216 Million Profit Keeps Record Intact.

DJIA 10,068.01 (-376.36)

• Standard Chartered To Hire Additional 2000 Staff In Singapore By 2012
• NOL Down 3.7%; Near-Term Support At S$1.62
• Chemoil: Will Start Selling 1%-Sulfur Bunker Fuel At European Ports
• Swiber's US$618M Contract Win May Support Shares
• STI To Fall; Euro-Zone Woes "A Bad Horror Movie"
• MS Upgrades NOL To Overweight; Target S$2.35

DJIA 10,444.37 (-66.58)

• Singapore 1Q GDP Revised Up; Downside Risks Intensify
• Singapore Land Target Raised To S$7.68 From S$6.73 By CIMB
• CH Offshore Target Cut To S$0.70 From S$0.87 By DBS Vickers
• Low Sibors May Keep Singapore Ppty Prices Rising
• Sembcorp Industries +1.5%; S$4.23 Resistance

DJIA 10,510.95 (-114.88)

• Asia Mkts Don't Expect More Short-Sale Rules-FOCUS
• Wilmar Down 5.8% at S$5.84; Chance To Buy - Deutsche Bank
• Former HKMA CEO: China Definitely Has Property Bubble
• Otto Marine Likely Down; Client To Cancel Order
• Citi Starts CapitaMalls Asia At Hold,Target S$2.30
• STI Off 1.2% In Broad-Based Fall; Wilmar Tumbles
• See Hup Seng: Plans To Seal S$28.4M Acquisition To Boost Future Earnings Growth

DJIA 10,625.83 (+5.67)

• Ying Li Intl Target Cut To S$0.67 From S$1.06 By DBS Vickers
• Fraser & Neave Target Raised To S$5.48 From S$4.52 By BNP
• ADB: Asia Capital Markets Deliver Strong Gains, Must Watch For Risks
• Noble Group Target Cut To S$2.46 From S$3.90 By Nomura
• JPM Starts Ying Li At Neutral, S$0.60 Target
• USD/SGD Slips But May Soon Bounce - Trader
• Noble Group Target Cut To S$2.31 From S$3.57 By DMG
• DBS Vickers Downgrades Hong Leong Asia To Hold cuts sum-of-parts target price to S$4.54 from S$5.67
• Anwell: Delivers Shipment For Maiden Order Of In-House Produced Solar Panels
• Macarthur Coal Rejects A$3.8B Peabody Takeover Bid

DJIA 10,620.16 (-162.79)

• Starhub Target Raised To S$2.65 From S$2.17 By BNP Paribas
• Mermaid Maritime Target Cut To S$0.73 From S$1.00 By CIMB
• CDL Hospitality Target Cut To S$1.97 Vs S$2.05 By Morgan Stanley
• CapitaMall Trust Target Cut To S$1.95 Vs S$2.08-Morgan Stanley
• NOL Down 5.6% at S$2.02 Despite Guiding Return To Profit
• OCBC Upgrades NOL To Buy; Raises Target 40.7% to S$2.35 from S$1.67

DJIA 10,782.95 (-113.96)

• Singapore Telecom Target Cut To S$3.13 From S$3.42 By Kim Eng
• Straits Asia Target Raised To S$1.90 From S$1.60 By Goldman
• Genting Singapore 1Q Loss S$396.3 Mln Vs Loss S$31.9 Mln
• Yanlord Land Target Cut To S$2.10 From S$2.60 By JPM
• Genting Singapore Target Raised To S$1.29 From S$1.04 By OCBC
• Genting Singapore Target Raised To S$1.38 From S$1.23 By CIMB

DJIA 10,896.91 (+148.65)

• Phillip Sec Raises Golden Agri Resources To Buy
• China New Town Development To Seek HK Dual Primary Listing
• Sembcorp Industries Started At Buy, S$4.63 Target By DMG
• Frasers Centrepoint Target Raised To S$1.58 From S$1.18 By CS
• City Developments Target Raised To S$9.60 From S$8.50 By Citi
• Falcon Energy: Posts 87% Increase In Net Profit, 85% For Turnover For First Quarter Ended 31 March 2010, Continues Growth Uptrend.
• Golden Agri-Resources Raised To Hold From Sell By UOB KayHian
• STI +0.2% But Off High; Immediate Cap At 2900
• SingTel: In A Strong Position Tio Make Investments

DJIA 10,748.26 (-36.88)

• DMG Ups Longcheer Target To S$0.85, Keeps Buy
• SingTel Off 0.7%; Caution Ahead Of 4Q Results
• DMG Cuts Tiong Woon To Neutral; S$0.53 Target
• Tiong Woon Off 2.0%; No Earnings Rebound N/T -CIMB
• Sembcorp Industries: To Its File Defense In US Court On Cascal Bid
• Keppel Land Added To MSCI Singapore Index
• Ezion Holdings Started At Buy, S$0.975 Target By BoA-ML
• STI Off 0.2% at 2,852.76; More Downside Expected - CIMB
• Wilmar's 1Q Profit Unlikely To Inspire Investors

DJIA 10,380.43 (-139.89)

• Macarthur Coal: Peabody Lowers Offer To A$15/Share
• USD/SGD Lower; Support Pegged At 1.3775
• Sembcorp May Slip Despite Above-View 1Q Profit

DJIA 10,520.32 (-347.80)

• Singapore Dollar Recovers In Late Asia Trade; Stable Euro Aids
• United Overseas Bank 1Q Net Jumps 71%; Beats Expectations
• STI Off 1.4%; Supportive Factors Remain - DBSV
• Rotary Engineering: Posts Net Profit Of S$13.8 Million, Up 218% Quarter-on-Quarter On Record Revenues For First Quarter 2010 Ended 31 March.
• Otto Marine Started At Hold, S$0.50 Target By UOB KayHian
• Noble Likely Down; Tips Near-Term Growth Dilution
• Cosco Corp Target Raised To S$1.86 From S$1.45 By Phillip Sec
• Singapore Dollar Falls To A 2-Month Low; US Dollar Above S$1.4100
• Cosco Likely To Fall; Operations Still Struggling
• STI Set To Tumble; First Support Tipped At 2750

DJIA 10,868.12 (-58.65)

• Genting Singapore +4.4% at S$0.95; Institutions Buy -Dealer
• Hoe Leong: Acquires Stake In Malaysian Tanker Chartering Business.
• STI Down 0.7% at 2,840.38; More Downside Near Term - CIMB
• DMG Cuts Ying Li To Neutral; S$0.50 Target
• Low Sibor Pressuring Singapore Bank Margins - Citi
• Synear Food May Slip; Expansion Put On Hold
• STI May Open Lower; Earnings Priced In - DMG

DJIA 10,926.77 (-225.06)

• KE Ups Raffles Education To Buy; S$0.48 Target
• OCBC May Pare Losses On Above-View 1Q Results
• Raffles Education Off 1.3% at S$0.37; Outlook Muted -OCBC
• CapitaMalls Asia Raised To Hold From Sell By Daiwa
• Singapore Shipbuilders Fall On New Century Pullout
• SATS: Subsidiary Wins A$224 Million SAF Contract
• Great Eastern Hldgs Target Raised To S$18.30 Vs S$16.40 By CS
• C&O Pharmaceutical Started At Buy, S$0.53 Target By Phillip Sec
• HTL International Started At Outperform, S$1.10 Target By CIMB
• Raffles Education Raised To Buy From Hold By Kim Eng
• STI Set To Tumble On Heightened Europe Jitters
• New Century IPO Scrapped Due To Singapore Exchange Complaint -Report
• AusGroup Target Cut To S$0.43 From S$0.60 By OCBC

DJIA 11,151.83 (+143.22)

• Asian Shares Mostly Down; China Hit By Tightening Concerns
• Sinotel Technologies Target Cut To S$0.53 Vs S$0.89 - AmFraser
• Ying Li Likely Down; Warns Of Losses For 1Q, 2Q
• Li Heng Likely Down On Higher Production Costs
• Macarthur Coal: Peabody Asking For Further Information
• STI Likely Up; Market Strength Intact - AmFraser

CLosing STI Index - May 2010

31 May: 2,752.60 (+12.90)
27 May: 2,739.70 (+43.68)
25 May: 2,650.61 (-73.26)
24 May: 2,723.87 (+22.67)
20 May: 2,753.51 (-21.03)
19 May: 2,774.54 (-69.81)
12 May: 2,880.33 (+22.66)
11 May: 2,857.67 (-22.81)
07 May: 2,821.11 (-18.54)
05 May: 2,860.31 (-40.87)
04 May: 2,901.18 (-43.04)
03 May: 2,943.17 (-31.44)

DJIA 11,008.61 (-158.71)

• Asian Shares Lower;New Tax Plan Hammers Australian Miners
• China Sunsine: AmFraser MAINTAINED BUY TP: S$0.405
• Venture Corp Target Raised To S$10.90 From S$9.50 By Macquarie
• Sembcorp Industries Target Raised To S$5.20 Vs S$4.20 By Macq
• STI Set To Slide; Concerns Over Goldman Probe
• Swiber May Rise On US$148M South Asia Contract
• SMRT Target Cut To S$2.35 From S$2.41 By CIMB