NOL

Technically, the support stands at 2.82, if it closed below that, confirmed breaking down to next support at 2.67, though not a strong one.
Possible of a technical rebound and safe level to enter is 2.82-2.85. If falls below 2.82, cut loss. take profit at 3.10.
Mid term, stock seems to be trading sideways but short term [...]

GLOBAL MARKETS-Asia stocks gain but caution remains

By Tom Miles and Rafael Nam
 HONG KONG, July 31 (Reuters) – Most Asian stock markets rose on Thursday after a move
 by central banks to boost liquidity in financial markets offset a $4 rebound in oil prices,
 while a surprisingly strong U.S. jobs indicator kept the dollar well bid.
 Regional bonds fell as        investors ventured out of low-risk [...]

Lippo-Mapletree IRT, Fortune REIT

UBS – Lippo-Mapletree IRT, Buy, TP:S$1.00
Macquire – Fortune REIT, Outperform, TP: HK$6.70

Cosco, KepLand, Allco REIT

Citigroup – Cosco, Buy, TP: S$4.15
Citigroup – Keppel Land, Hold, TP: S$5.45
Nomura – Allco REIT, Strong Buy, TP: S$1.33

United Engineers, China XLX, CDL Hospitality Trust

CIMB – United Engineers, Maintain Outperform, tp: S$4.37
CIMB – China XLX, Neutral, tp: S$0.76
DBS Vickers – CDL, Buy TP: S$2.02, previously S$2.90

NOL

Lehman Bros cuts NOL TP to S$2.60

RTRS – REFILE-Copper rises as supply woes replace demand doubts

(Refiles to fix news link to Asian aluminium premiums story)
 LME                 Shanghai
 Now      Close       Now       Close
 Copper        8070.00   8030.00     61440      60800
 Aluminium     2975.00   2960.00
 19130      19120
 Zinc          1870.00   1870.00     15415      15345
 —————————————————————-
 July 31
 In the news
 > Grupo Mexico no date to start Cananea
 copper      [nN30464275]
 > Asia aluminium premiums fall 25 pct on weak demand  [nSP50697]
 > China Western Mining cuts 2008 lead, zinc output  [nPEK130954]
 > [...]

Macquarie Prime REIT

DBS Vickers – buy (TP: S$1.39, Previously S$1.61)

Suntec REIT

DBS Vickers – Buy (TP: S$1.75, previously S$1.73)

Keppel Land

DBS Vickers – buy (TP:S$5.87, previously S$5.84)

Singapore Airline

DBS Vickers – Buy (TP: S$19.00, previously S$22.00)

SingPost

Morgan Stanley - Equal Weight (TP: S$1.23)
JP Morgan – Neutral (TP:S$1.10)

Chartered Semi-conductors

UBS – Neutral (TP: reduced to S$0.65)

Capitaland

JP Morgan – Overweight (TP: S$7.00)

Capitaland

Deutsche Bank – Hold (TP reduced to S$6.40)

Capitaland

CS – Neutral (TP: S$6.75)

Straits Asia Resources

UBS – Buy (TP: S$5.20)

GLOBAL MARKETS-Asia stocks edge up but growth fears linger

By Tom Miles
 HONG KONG, July 31 (Reuters) – Most Asian stock markets rose on Thursday after a move
 by central banks to boost liquidity in stormy financial markets balanced out a $4 rebound in
 oil prices and the constant fear of slowing growth and rising inflation.
 The U.S.,     European, and Swiss central banks extended emergency lending facilities on
 Wednesday [...]

Singapore jobless rate at 1-year high, seen rising

SINGAPORE, July 31 (Reuters) – Singapore’s jobless rate rose to a one-year high as firms
 slowed hiring amid choppy financial markets and a weakening global economy, and
 analysts warned that unemployment may climb in coming months.
 The jobless rate rose to 2.3 percent in the April-June period after seasonal adjustments,
 compared to 2 percent in the previous quarter, the [...]

Emerging FX-Asia rangebound as investors eye oil, economic data

SINGAPORE, July 31 (Reuters) – The Taiwan dollar hit a
 two-month low in mostly rangebound trade in Asia on Thursday, as
 investors grew wary after an oil spike the previous day, and
 ahead of further U.S. and regional economic indicators.
 The   Taiwan dollar <TWD=TP> fell by 0.4 percent to 30.64 per
 dollar, its weakest since May 19, weighed by a [...]