DJIA 10,150.65 (+164.84)

• C&O Pharma Target Raised To S$0.65 From S$0.53 By Phillip Sec
• M1 Target Raised To S$2.60 From S$2.20 By CIMB
• DMG Cuts Goodpack To Neutral; S$1.82 Target
• Singapore Unveils More Property Investment Curbs
• Longcheer: Scales Greater Heights With Full Year Revenue Exceeding RMB 4 Billion

• Noble Group Takeover Offer For Gloucester Coal Extended To Oct 8
• Wilmar's Oleochemicals Buy Unlikely To Aid Stock
• Mapletree Logistics Target Raised To S$1.01 From S$0.89 CIMB
• STI +0.1%; US Economy Still A Threat -Analyst
• Olam +5.6% at S$2.65; Acquisitions Paying Off - Macquarie
• MCL Land +25.1%; Delisting May Aid Branding -JPM

DJIA 10,060.06 (+19.61)

• Sim Lian +30.8% at S$0.68 On Bonus Shares, Higher Dividend. Shareholders will get 1 bonus share for every 2 shares held, with total of up to 283.9 million new shares being issued. Investors also getting higher dividend of S$0.037/share, representing 7.1% yield on yesterday's closing price, vs S$0.014/share year earlier.
• Noble Group Started At Equalweight, S$1.89 Target By MS
• JPMorgan Cuts UOB Target To S$22 From S$26
• Genting Singapore +3.9% at S$1.60; Most Active, S$1.68 Cap
• STI +0.2% at 2931.52. Profit Taking To Cap Gains - CIMB

DJIA 10,040.45 (-133.96)

• CS Cuts Raffles Education Corp To Underperform Cuts target price to S$0.24 from S$0.55
• Raffles Education Target Cut To S$0.29 From S$0.33 By DBSV

DJIA 10,174.41 (-39.21)

• Olam Investors May Be Indifferent To Takeover Bid
• STI May Slip; Double-Dip Fears Remain - SIAS

DJIA 10,271.21 (-144.33)

• Nomura Raises SIA Engineering Target To S$4.80
• Straits Asia: Upgrade To Coal Reserves And Resources At Jembayan Mine.
• USD/SGD Likely To Trade 1.3520-1.3600 In Asia
• CapitaLand: Ascott To Double The Asset Size Of Ascott Residence Trust To S$2.85 Billion.

DJIA 10,415.54 (+9.69)

• Tiger Airways Target Cut To S$1.71 From S$2.10 By Macquarie
• SMRT Target Cut To S$1.80 Vs S$2.25 By Royal Bank Of Scotland
• Tiger Airways May Fall; Key Holders Pare Stakes
• Any STI Upside Small; Check Yield Plays - Dealer

DJIA 10,303.15 (-16.80)

• Kim Eng Upgrades Fraser & Neave To Buy raises target price to S$6.50 from S$4.70
• Straits Asia Resources Off 0.5% at S$2.07; S$2.00 Support
• SingTel Down 2.6% at 2-month low S$2.96 : Trends Negative - Citigroup
• First Resources Target Cut To S$1.28 Vs S$1.36 By DBS Vickers
• Kencana Agri Target Cut To S$0.35 From S$0.39 By DBS Vickers
• Wilmar Target Cut To S$8.20 From S$9.00 By JPM

DJIA 10,319.95 (-58.88)

• Oceanus: Posted A Strong Net Profit For 2Q2010 Of RMB 94.1 Million Which Is A 40% Improvement Quarter On Quarter Basis.
• Noble Group Target Cut To S$1.62 From S$2.00 By DBS Vickers
• Wilmar Off 1.9%, Margin Concerns Hurt; S$6 Floor JPMorgan, which has Overweight call with S$9.00 target
• China Animal Healthcare: BUY (UNDER REVIEW) TP: S$0.39
• Genting S'pore +10.2%; 2Q Fuels Broker Upgrades Macquarie, which has Outperform call with S$1.60 target
• USD/SGD Likely To Trade In 1.3570-1.3670 Range
• Wilmar May Fall; Earnings Downgrades Likely -UBS which has Buy call with S$8.00 target
• Indofood Agri Target Cut To S$2.67 From S$2.83 By Phillip Sec

DJIA 10,698.75 (+45.19)

• JPMorgan Raises NOL To S$2.00 From S$1.70
• Olam: Prices Debut Unrated US$250 Million 10-Year Senior Unsecured Bonds Issue
• Nomura Downgrades NOL To Neutral; S$2.30 Target
• Rotary Engineering Target Cut To S$1.16 From S$1.53 By OCBC
• Golden Agri-Resources: Independent Verification Report To Show SMART As A Responsible Company
• STI +0.1%; Upside Small; Eyes On Fed Statement
• Genting Singapore Target Raised To S$1.60 From S$1.25 By DBSV

DJIA 10,680.43 (+44.05)

• Korea May Buy 1.4M Tons Corn For November-December Shipment
• Hi-P International Target Raised To S$0.97 From S$0.595 By DMG
• CapitaLand Target Cut To S$4.11 From S$4.39 By CIMB
• Asia Grain Outlook: Wheat Market In Turmoil On Price Renegotiation
• Consciencefood May Rise; IPO 3.3X Subscribed
• STI May Gain; N/T Upside Hinges On US Payrolls

Closing STI Index - Aug 2010

11 Aug: 2,949.26 (-35.03)
04 Aug: 3,001.87 (-12.90)