Friday, September 12, 2008

Market Daily -- 12th Sep 08

22. Yangzijiang Dn 1.7%; May Hit Low Of S$0.40 -DBSV

21. Indonesia Court Confirms Temasek Appeal Was Rejected

20. UOB KayHian starts Singapore Petroleum Co. at Buy with S$7.60 target

19. Yanlord Dn 4%;China Property Meltdown Imminent-MS

18. STI +1.5%; Big Caps Offer L/T Value - Strategist

17. China Approved New QFII Licenses For 6 Cos In August
-- China OK'd QFII License For Samsung Investment Trust
-- China OK'd QFII License For Oversea-Chinese Banking Corp
-- China OK'd QFII License For ACE Unit, AllianceBernstein
-- China OK'd QFII For Caisse De Depot Et Placement Du Quebec
-- China OK'd QFII For Harvard Corporation

16. ST Eng, SIA, SPH Best Big Cap Yield Plays - UBS

15. China Hongxing Off 3.2%; More Risks Ahead - DB

14. CIMB starts Cambridge Industrial Trust at Outperform with S$0.90 target

13. Sembcorp Marine Target Cut To S$4.60 Vs S$5.50 -Merrill Lynch

12. DBS Vickers downgrades Banyan Tree to Fully Valued from Buy. Cuts target price to S$0.90 from S$1.68

11. Golden Agri Up, Yangzijiang Down On STI Review

10. Kim Eng Securities downgrades CapitaLand to Hold from Buy. Cuts target to S$4.47 from S$6.56

9. Merrill Lynch downgrades Cosco to Neutral from Buy. Cuts target price to S$1.75 from S$4.80

8. SGX Risks Still Skewed To Downside - BNP Paribas

7. Sembcorp Industries Target Cut To S$4.80 From S$5.28 By UBS

6. Singapore Construction Firms Outlook Strong - CS

5. Gallant Venture Target Cut To S$0.81 From S$0.94 By OCBC

4. Lehman Hopes Lift Asia Stks But Caution Remains

3. Golden Agri, JMH May Get Boost From STI Entry

2. Macquarie cuts Indofood Agri target to S$2.60 from S$3.90

1. WALL STREET: Financials led a late rebound in stocks with AIG, Washington Mutual helping out; DJIA, down 170 points earlier, ended +1.5%, with Nasdaq +1.3%