DJIA 9,870.30 (-268.22)

• Singapore Minister Mentor: Singapore To Import LNG From Qatar - Report
• Sembcorp Industries Target Raised To S$4.92 From S$4.63 By DMG
• Genting Singapore Target Raised To S$1.45 From S$1 By Deutsche
• United Envirotech Started At Buy, S$0.52 Target By OCBC
• Ezion Holdings Started At Buy, S$0.81 Target By OCBC
• Sound Global's China Project May Support Shares
• Singapore Airport Target Raised To S$3.28 Vs S$2.87 -Phillip
• China Fishery Target Raised To S$1.70 From S$1.60 By CIMB
• CNA Group Target Cut To S$0.26 From S$0.46 By DMG
• Singapore Straits Times Index Opens Down 2.1% At 2770.12

DJIA 10,138.52 (-5.29)

• Sembcorp To Build US$40 Mln Waste Water Treatment Plant In Singapore
• Indofood Agri Resources Target Set At S$2.80 By JPMorgan
• K-Green Trust Opens At S$1.17 On SGX Debut
• CapitaLand: Sale Of The Entire 50% Stake In Joint Venture Company Sichuan Zhixin Capitaland Co., Ltd..
• Singapore Trade Minister Lim: Econ Likely To Grow 7%-9% In 2010
• PEC Started At Outperform, S$1.22 Target By CIMB

DJIA 10,143.81 (-8.99)

• UOB KayHian Lifts Starhub Target To S$2.81
• Sound Global Down 4.7% at S$0.81 On HK Pullout; Off Lows
• CapitaCommercial Trust Target Set At S$1.38 By Deutsche Bank
• Keppel Land Target Raised To S$3.99 From S$3.57 By Citigroup
• Wing Tai Target Cut To S$1.81 From S$2.48 By Citigroup
• CapitaMalls Malaysia Indicative IPO Retail Price MYR1.08/Unit

DJIA 10,152.80 (-145.64)

• C2O Holdings: Shareholders Voted In Favour Of The Merger With Swissco International Limited
• Healthway Medical +2.6% at S$0.195; Outlook Favorable - DMG
• F&N: Frasers Centrepoint Acquires 13.7 Hectares Of Site In Sydney.
• DBS Starts K-Green Trust At Hold; S$1.20 Target
• Mermaid Maritime Target To S$0.70 From S$1.30 By UOB KayHian
• OCBC Cuts Singapore Post To Hold; S$1.16 Target

DJIA 10,442.41 (-8.23)

• Hongkong Land Target Cut To US$5.15 Vs US$5.43 By Citigroup
• Yangzijiang +0.7% at S$1.36; New Holder Signals Confidence
• Hi-P Extends Gains, +5.2%; Resistance S$0.635
• NOL Off Lows;Low-Risk Container Shipping Play-UOB has Overweight call with S$2.35 target

DJIA 10,450.64 (+16.47)

• Asian Shares Higher On China's Yuan Move; Asian Currencies Rise
• Wilmar To Invest $2B In Indonesian Agriculture Projects - Govt Official
• Hi-P Intl Target Raised To S$0.72 From S$0.49 By DBS Vickers
• Midas: Clinches High-Speed Train Contract Worth RMB59 Million.
• CapitaMalls Asia Started At Buy, S$2.40 Target By OCBC
• Mermaid Maritime Target Cut To S$0.49 From S$0.73 By CIMB
• Armstrong Industrial Target Raised To S$0.57 Vs S$0.48-Kim Eng
• US Dollar Trades At S$1.3802 Vs S$1.3713 Early Monday
• STI +1.2%; Commodity, China Stocks Resilient

DJIA 10,434.17 (+24.71)

• Bulk Carrier Orders Sustainable For Cosco,YZJ-DBS
• OCBC Lowers Oceanus Group Target To S$0.32
• Armstrong Indus +3.5% at S$0.445 On Earnings, Takeover Hopes
• Asia Food & Properties To Sell Florentina To Golden-Agri For $142.8M
• USD/SGD Likely In 1.3900-1.3980 Band In Asia
• CS Raises Singapore Airlines Target To S$18.20
• Golden Agri May Gain On US$142.8M China Buy
• Oceanus Group Target Cut To S$0.32 From S$0.365 By OCBC
• STI +0.1%; Upside Small; Europe Woes Still Weigh

DJIA 10,404.77 (+213.88)

• UOB KayHian Cuts DBS Target To S$19.82 Vs S$21
• Yangzijiang +2.3% at S$1.33; Orders May Speed Up In 2H - DB
• SIA +0.7% at S$14.92; Capacity Boost Signals Worst Over -KE
• Cosco +4.1% at S$1.51; Improved Execution -Deutsche Bank
• SIA May Gain On Higher Load Factor Last Month
• S'pore Developers May Trail As Home Sales Slow
• Ezion Holdings Started At Buy, S$0.87 Target By DMG
• STI Likely Up; Better To Stay Defensive - DBS

DJIA 10,190.89 (-20.18)

• Olam Off 0.4% at S$2.55; Earnings Growth Intact - OCBC has Buy call with S$3.61 target
• BBR: Wins S$4.9M Contract For Foundation Piling Works For West Coast Condominium.
• Noble: Invests In Palm Oil Origination In Indonesia.
• Ezra Holdings Target Cut To S$2.52 From S$2.62 By DBS Vickers
• Z-Obee +3.0% at S$0.345 On TDR Plan; S$0.365 Resistance
• USD/SGD Range Likely 1.3913-1.4000 In Asia
• STI May Slip; Recent Rally Temporal - Westcomb

DJIA 10,211.07 (+38.54)

• Eastern Holdings +22.6% at S$0.19 On S$43.5M Divestment
• Wilmar +0.5% at $5.80; China Wage Rise Positive -Macquarie
• STI +0.4%; Good Time To Buy When Mkt Quiet - SIAS
• Swiber: Proposed Sale Of Indirect Wholly-Owned Subsidiary And Proposed Acquisition Of Shares
• Singapore Dollar Higher Vs US Dollar In Early Asia Trade
• Wing Tai Target Cut To S$1.92 From S$2.01 By CIMB
• Allgreen Properties Target Cut To S$1.16 From S$1.67 By CIMB
• Parkway Off 0.5%; Likely Rangebound Till July

DJIA 10,172.53 (+273.28)

• Armstrong Indus May Gain; Major Holder Approached
• SingTel Flat; Limited Boost From NCS Job - UOB
• Sound Global +1.2% at S$0.86; IFC Tie-Up Ups Confidence -DMG
• CapitaMalls Asia Started At Neutral, S$2.05 Target By Nomura
• CapitaMall Trust Target Raised To S$1.57 From S$1.43 By Nomura
• USD/SGD Set To Weaken Further; 1.3990 Support
• Otto Marine: Subsidiary, Reflect Secures 2D Seismic Contract With Anadarko, One Of The Largest Independent Oil Companies In The World.
• SingTel Unit Gets S$850 Million Singapore Govt Contract
• CapitaMalls Asia Halted; To List Malaysia Malls

DJIA 9,899.25 (-40.73)

• Genting S'pore Flat; Expect Firmer Earnings -Macq
• Yanlord Land +1.3% at S$1.61; JV Reduces Risks - CIMB
• Sembcorp Marine Target Raised To S$5.20 Vs S$4.80 By Macquarie
• Parkway Life REIT May Rise On S$60.5M Japan Buy
• Keppel Corp Target Raised To S$9.10 From S$8.60 By Macquarie
• Petra Foods Cut To Neutral From Outperform By CIMB
• DMG Restarts Swiber At Buy, S$1.35 Target
• STI +0.3%; Selling On Strength Expected - NRA

DJIA 9,939.98 (+123.46)

• Starhub +1.8% at S$2.21; Div, Data Ops Key Draws -Analysts
• Olam +1.6% at S$2.51; Gilroy Foods Very Good Fit - Daiwa has Buy call with S$2.94 target
• Cache Logistics Trust Started At Buy, S$1.05 Target By DBSV
• STI May Rise; But Momentum Likely To Stay Weak
• First Ship Lease Trust Likely Down; Another Vessel Seized
• United Overseas Bank To Raise S$5 Billion Selling Euro Notes
• Oceanus Group Target Cut To S$0.34 From S$0.58 By Phillip Sec

CLosing STI Index - June 2010

28 Jun: 2,869.99 (+18.35)
22 Jun: 2,872.30 (-13.34)
18 Jun: 2,833.40 (-10.56)
16 Jun: 2,846.94 (28.73)
08 Jun: 2,746.61 (+5.27)

DJIA 9,816.49 (-115.48)

• Singapore GIC Sells 35.7 Mln Shares In Pepsi-Cola Philippines
• Otto Marine +3.8% at S$0.41; Order-Flow Momentum Picks Up
• Exec: Looking To Raise US$300M Through 3-Year Term Loan
• Marina Bay Sands Project To Be Completed 1st Quarter 2011 - Exec
• Cuts Sembcorp Industries Target To S$4.58
• Raffles Education Off 3.3% at S$0.295; Big Setback - OCBC
• Sembcorp Industries Target Cut To S$4.58 From S$4.80 By Daiwa
• MS Starts Olam At Overweight, S$3.16 Target
• Olam: To Acquire Dehydrated And Vegetable Products Business And Operating Assets Of Gilroy Foods & Flavors From Conagra Foods For US$250M
• Indofood Agri Target Cut To S$2.25 From S$2.86 By CIMB
• Wilmar Target Cut To S$6.50 From S$7.85 By CIMB
• Golden Agri-Resources Target Cut To S$0.62 From S$0.72 By CIMB

DJIA 9,931.97 (-323.31)

• Europe's Woes May Sustain S'pore Home Demand-OCBC
• KSH Holdings: Secures Centennia Suites Project Worth S$70.6 Million
• Armstrong Industrial Target Raised To S$0.555 Vs S$0.48 - CIMB
• Singapore Straits Times Index Opens Down 2.5% At 2736.67
• STI May Fall On U.S. Jobs Data, Europe Debt Woes

DJIA - holiday

• 2Q GDP Data May Boost Singapore Banks -Citigroup
• Sugar Prices Likely Steady; Surplus Seen In 2010-11
• Parkway Off 0.3%; Take Some Profits - Nomura
• USD/SGD Near Flat;To Trade In 1.3965-1.4060 Range
• Noble Group Started At Buy, S$2.38 Target By Kim Eng
• STI May Face More Weakness In Coming Weeks -DMG