Wednesday, May 2, 2012

Market Daily -- 2nd May 12

20. Cosco Corp. Gets Contract Worth Over US$200M To Build Accommodation Vessel

19. City Developments Started At Buy, Target S$13.77 By Jefferies

18. Venture Corp Target Raised To S$7.90 From S$7.50 By UBS

17. Sakari Resources Target Cut To S$2.20 From S$2.35 By Goldman

16. Indofood Agri Resources Target Raised To S$1.90 From S$1.80 By JPMorgan

15. SMRT Target Cut To S$1.60 From S$2.00 By JPMorgan

14. SMRT Target Cut To S$1.61 From S$1.75 By Deutsche Bank

13.  SMRT Target Cut 16% To S$1.33 By Macquarie

12. CapitaLand Fair Value Cut To S$3.21 From S$3.40 By OCBC

11. Sakari Resources Fair Value Cut To S$2.29 From S$2.76 By OCBC

10. SMRT Corp Fair Value cut To S$1.71 From S$2.04 By OCBC

9. Sakari Resources Target Raised To S$1.89 Vs S$1.65 By AmFraser

8. SMRT Target Cut To S$1.30 From S$1.73 By Citigroup

7. DBS Group Target Raised To S$19.50 Vs S$16.20 By UOBKayHian

6. SMRT Target Cut To S$1.32 From S$1.53 By UOB KayHian

5. Keppel Corp Started At Equalweight; Target S$13.30-Barclays

4. SembCorp Marine Started At Overweight; Target S$7.00-Barclays

3. Ezra Holdings Started At Overweight, Target Set At S$1.70-Barclays

2. SingTel's Optus To Restructure Business
SingTel's Optus Expects To Cut 750 Jobs
SingTel's Optus Expects One-Time A$37M Charge Relating To Job Cuts

1. The Dow Jones industrial average .DJI gained 65.69 points, or 0.50 percent, to 13,279.32 at the close. The Standard & Poor's 500 Index .SPX rose 7.91 points, or 0.57 percent, to 1,405.82. The Nasdaq Composite Index .IXIC added 4.08 points, or 0.13 percent, to 3,050.44

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