DJIA 10,467.19 (-30.72)

• Singapore June Bank Loans S$296.63 Bln Vs S$292.49 Bln May
• Equation: Proposed Subscription Of 45,000,000 New Ordinary Shares At The Price Of S$0.045 Per Share.
• USD/SGD Likely Rangebound Before US, China Data
• DBS Opens +1.4% At S$14.70 Despite 2Q10 S$300M Loss
• Keppel: Breaches New Depths In The Offshore Wind Energy Sector.
• Keppel's US$220M Contract Win May Support Shares
• CDL Hospitality Target Raised To S$2.30 Vs S$1.50 By Daiwa
• Genting Singapore Target Raised To S$1.52 From S$1.23 By UBS
• Noble Group Names Tobias Brown New Executive Chairman

DJIA 10,497.88 (-39.81)

• Golden Agri-Resources: SMART Reiterates That It Is Not Responsible For Clearing Primary Forests And Orang-Utan Habitats.
• Singapore Airlines Target Raised To S$19 From S$18 By MS
• OCBC May Fall On Great Eastern's Lower 2Q Profit
• CapitMalls Asia Has S$2.5B-$3B Warchest For Acquisitions - Report .
• STI May Slip; OCBC, New Listing Kreuz In Focus

DJIA 10,537.69 (+12.26)

• STI Flat; No Signs Of Reversal Yet - CIMB
• Biosensors Down 2.4% at S$0.805 On Lower 1Q11 Bottomline
• Informatics: Peter Lim Eng Hock Increase Stake From 6.48% To 9.59%.
• Sapphire: Loan Facilities Of Up To US$65.0 Million Granted By CITIC Bank International Limited To Sapphire Mineral Resources (HK) Limited.

DJIA 10,525.43 (+100.81)

• Singapore June Tourist Arrivals Rise 26.7% On Year To 950,000
• UBS Raises SIA Target To S$16.50, Keeps Buy
• Parkway: Integrated Healthcare, A Khazanah Company, Launches S$3.5 Billion Voluntary Conditional General Cash Offer.
• F&N May Rise; Kirin As Substantial Shareholder says Deutsche Bank, which has Buy call with S$6.30 target
• SIA May Gain On Above-View 1Q Results, Outlook
• STI May Open Up; Caution Prevails - AmFraser

DJIA 10,229.96 (+75.53)

• Keppel Corp 2Q Net Profit Likely +8% Y/Y - Poll
• Goldman Sachs Cuts Indofood Agri Target To S$2.90
• Singapore June CPI Likely +3.5% On Transport Costs
• Wilmar Target Cut To S$7.80 Vs S$8.40 By Goldman Sachs
• Keppel Land Target Raised To S$3.87 From S$3.40 By BNP
• Fraser & Neave Target Raised To S$6.25 From S$5.48 By BNP
• STI May Gain; Caution Ahead Of Bernanke Comments

DJIA 10,154.43 (+56.53)

• Neptune Orient Lines Target Cut To S$2.25 From S$2.50 By CIMB
• Yangzijiang May Edge Up; US$234.2M Orders In 2Q
• Sembcorp Industries Started At Buy, S$5.10 Target -Phillip Sec
• Genting Singapore Target Raised To S$1.30 Vs S$1.20-CLSA

DJIA 10,097.90 (-261.41)

• Asian Shares Mostly Down; M&A Boosts Selected Plays
• F&N's Asset Value Likely To Gain From New Buy
• OCBC Cuts Midas Target To S$1.27; Keeps Buy
• Olam +0.8% at S$2.62 On Planned NZ$109.6M NZ Farming Buy

DJIA 10,359.31 (-7.41)

• DMG Raises Raffles Medical Target Price To S$2.09
• S'pore June Home Sales Decent Despite Fall - MS
• United Engineers Gets S$372M Loan From 5 Banks
• Asian Shares Mostly Lower; US Recovery Concerns Weigh
• Leader Environmental +14.3% S$0.255 at opening On Strong Volume
• Leader Environmental Likely Up On SGX Debut S$0.21 IPO price
• Singapore Post Target Raised To S$1.27 From S$1.15 By UBS
• M1 Target Raised To S$2.50 From S$2.26 By Macquarie
• STI May Slip; Eyes On AgBank's HK Debut

DJIA 10,366.72 (+3.70)

• Fitch Upgrades SingTel's Ratings to 'A+'; Outlook Stable
• Rig Order Delays Expected For S'pore Yards - MS
• SC Global Target Cut To S$1.90 From S$2.26 By DMG
• Keppel Land Target Raised To S$4.60 From S$3.86 By DMG
• ST Engineering Started At Buy, S$3.64 Target By Phillip Sec
• DBS Target Cut To S$12.00 From S$18.00 By RBS

DJIA 10,363.02 (+146.75)

• Construction Stks May Gain On 2Q Sector Strength
• Raffles Education Target Cut To S$0.33 From S$0.37 By OCBC
• CapitaCommercial Target Raised To S$1.40 Vs S$1.13 - Macquarie
• Keppel Land Target Raised To S$3.07 From S$2.31 By Macquarie
• Suntec REIT Target Raised To S$1.20 From S$0.88 By Macquarie
• Genting Singapore Target Raised To S$0.99 Vs S$0.65 By Citigroup
• STI +0.6% at 2944.95 midday; More Signs Of Econ Growth Needed -UOB

DJIA 10,018.28 (+274.66)

• CIMB Cuts HTL Target To S$0.73, Keeps Outperform
• CapitaMalls Malaysia Trust To List On Bursa Malaysia On July 16 Price Fixed At MYR0.98/Unit
• Weak Market Action May Continue To Hurt SGX -DMG
• STI Expected To Gain, Test 2900 After US Rally

DJIA 9,743.62 (+57.14)

• OCBC Downgrades CapitaCommercial Trust To Hold to its S$1.26 target price
• DBS Target Cut To S$17 From S$18 By UBS; Kept At Buy
• Rotary Engineering Target Cut To S$1.17 From S$1.63 By CIMB
• Look To Sell USD/SGD Around 1.3900 -Trader
• STI May Inch Up; Resistance In 2890-2900 Area

DJIA 9,686.48 (-46.05)

• Genting S'pore Well Placed For Overseas Market-JPM
• Starhub +0.9% at S$2.31 As High Yield Lures; S$2.33 Cap
• Frasers Centrepoint Trust Raised To Outperform Vs Hold - Daiwa
• Straits Asia Resources Target Raised To S$2.20 Vs S$1.50 By CS
• Ascendas India Trust Target Raised To S$1.10 Vs S$0.95 By JPM
• Genting Singapore Target Raised To S$1.45 From S$1.35 By JPM
• USD/SGD Up; Initial Resistance Likely At 1.4000

DJIA 9,686.48 (-46.05)

• Straits Asia +0.5% S$1.94; New Licence Expected Soon-UBS
• Straits Asia Resources Target Cut To S$3.15 From S$3.90 By UBS
• Wilmar Target Raised To S$6.80 From S$5.70 By Credit Suisse
• Chasen Holdings Started At Buy, S$0.56 Target By CIMB
• China Animal Healthcare: Blackstone Makes Strategic Investment. Blackstone will subscribe for, and CAH will issue, US$40 million in principal amount of convertible bonds at par and 20 million new Shares at the issue price of S$0.35 per share for a consideration of S$7 million.
• CSR Sells Sucrogen For A$1.75B To Wilmar International
• Singapore Exchange Target Cut To S$7 From S$8 By DBS Vickers

Closing STI Index - July 2010

29 Jul: 2,997.65 (+12.27)
28 Jul: 2,985.38 (+6.00)
26 Jul: 2,966.99 (-6.48)
23 Jul: 2,973.47 (+17.80)
21 Jul: 2,926.09 (-22.52)
20 Jul: 2,948.61 (+3.19)
16 Jul: 2,957.72 (+14.17)
13 Jul: 2,928.71 (+3.38)
07 Jul: 2,861.03 (-6.99)
05 Jul:2,838.04 (-6.15)
02 Jul: 2,844.19 (+23.84)

DJIA 9,732.53 (-41.49)

• China Fishery: Decided Against Oslo Listing On Market Sentiment
• Starhill Global REIT Started At Buy, S$0.65 Target By OCBC
• Bukit Sembawang Estates Target Cut To S$4.80 Vs S$5.59 - CIMB
• OCBC Starts Starhill Global At Buy, S$0.65 Target
• STI +0.8%; Don't Read Too Much Into Gains - KE

DJIA 9,774.02 (-96.28)

• Housing Loans To Drive S'pore Bank Lending -Citi
• China Animal Healthcare +6.7% at S$0.32 On HK Listing Bid
• Pacific Andes Target Cut To S$0.32 From S$0.41 By CIMB
• Phillip Securities Cuts NOL To Hold; S$2.03 Target
• DBS-OCBC Union Most Likely In Any Consolidation
• Lian Beng +1.8% at S$0.285; Building Demand Sustainable-DMG
• Parkway Hldgs May Gain As Bidding War Hopes High