Hillary Ho Li Ling Liang Shibin Tan Xuan Hui+6565311517 +6565311516 +6565311579hillaryho@phillip.com.sg liangsb@phillip.com.sg tanx@phillip.com.sgFriday, 18 th Feb 2011Market SummaryHeadlines:North America: Stocks End at New Multi-Year Highs Again.Europe: European Shares Hover Near 29-Month Closing High.Asia: Nikkei Hits 9-Half Month High, Seoul Shares Drop.US Economic Data to be released this week:Friday: Earnings from Campbell SoupMajor Indices performanceIndex Last Net Chg ^ % Chg^Dow Jones 12,318.10 29.97 0.24%S&P500 1,340.43 4.11 0.31%ESTX 50 € Pr 3,064.54 2.62 0.09%FTSE 100 Index 6,087.38 2.11 0.03%Nikkei 225 10,836.60 28.35 0.26%HSI 23,301.80 144.87 0.63%Shanghai SE Composite 2,926.96 3.07 0.10%FSSTI 3,082.83 -11.89 -0.38%Top 5 Daily Performing FundsFund Name %HSBC GIF Thai Equity Fund Class A (USD) 2.00HSBC GIF Thai Equity Fund Class A (SGD) 2.00FTIF Templeton Thailand Fund A (Acc) 1.83DWS Noor Precious Metals Sec Fd Cl A USD 1.83LionGlobal Thailand Fund 1.82Source: Bloomberg Source: www.eunittrust.com. Funds’ performance as of 18 th Feb 2011.^Chg and Net Chg from the previous working dayMarket updateNorth America:The Dow Jones Industrial Average rose 29.97 points, or 0.24 percent to close at 12,318.14, the highest close sinceJune 5, 2008. The S&P 500 rose 4.11 points, or 0.3 percent, to close at 1,340.43, the highest close for the broadmarket index since June 19, 2008. The Nasdaq gained 6.02 points, or 0.2 percent, to close at 2,831.58, its highestclose since Oct. 31, 2007. The CBOE Volatility Index, widely considered the best gauge of fear in the market, fell below17.Volume on the consolidated New York Stock Exchange was 3.7 billion shares, while 882 million shares changed handson the NYSE floor.The $9 billion 30-year auction of Treasury inflation protected securities garnered strong demand, and was priced toyield 2.190 percent, with a bid-to-cover ratio of 2.54.