Wednesday, September 24, 2008

Market Daily -- 24th Sep 08

24. CapitaMall Trust Off 5.8%, May Hold Above S$2.22

23. S-Shares Outperform Market; FTSE ST China +1.7%

22. DMG reiterates Indofood Agri Resources target price of S$2.65, keeps Buy rating

21. Asian Stocks Mostly Higher; Goldman News Supports

20. Macquarie Research maintains Olam International target price of S$2.90, keeps Outperform

19. Cosco 2008 Order Book Likely Dn At $2B Vs $6B Last Yr-Source

18. Singapore Palm Plays Higher, Shrug Off Oil Drop

17. Cosco's Orderbook Dismal Despite New Jobs-Analysts

16. Yanlord Land Down 18% On Report Of Alleged Bribery In China

15. Merrill Keeps Raffles Education At Buy;S$2.00 Trgt

14. CIMB starts Rickmers Maritime Trust at Buy with S$1.66 target

13. S-REITS Cheap But Refinancing A Key Concern - JPM

12. Credit Suisse Keeps Singapore Mkt At Underweight

11. S'pore Banks Property Mkt Concerns Overdone - JPM

10. Cosco Singapore Target Cut To S$2.89 From S$2.95 By CIMB

9. China Aviation Oil Seeks Up To 369,000 Tons Jet For Oct-Nov

8. Job losses in global financial sector may lower office rents in Singapore as demand for space weakens, says UBS

7. Thomson Medical Centre Target Cut To S$0.68 Vs S$0.76 By DMG

6. S'pore Hospitality Shrs May Fall On Tourism Data

5. Buffett's Berkshire buying at least $5 billion stake in Goldman Sachs

4. Avi-Tech Electronics Started At Hold, S$0.16 Target By OCBC

3. Chartered Semi Target Cut To S$0.46 From S$0.70 By Citi

2. SingTel Target Cut To S$3.93 From S$4.53 By BNP Paribas

1. WALL STREET: Stocks fell and broad indices came within sight of their bear-market depths as Fed Chairman Bernanke, Treasury Secretary Paulson failed to assuage economic fears. Dow down 1.5%, Nasdaq down 1.2%