Friday, September 26, 2008

Market Daily -- 26th Sep 08

33. Axia, SingTel Consortium Wins Singapore Broadband Bid; Axia, SingTel Group To Get Up To S$750M In Broadband Grant

32. Singapore Banks' Asset Quality At Risk - MS

31. Asia's Banking Sector Sound Despite US Crisis - Barclays

30. S Korea, India Agree On Free Trade Pact; May Be Effected 2009

29. CAO May Buy Nov Jet Fuel At Rates Similar To Oct-Traders

28. Singapore August Manufacturing Down 12.2% On Year

27. Singapore may slip into technical recession in 3Q, 4Q of 2008 due to continued weakness in manufacturing output, says Alvin Liew at Standard Chartered

26. Singapore Telcos Mixed Ahead Of NetCo Decision

25. Keppel, SembMarine May Gain If US Lifts Drill Ban

24. SMRT Flat; Signs Of Weakness Emerging - Broker

23. Bailout deal breaks apart as Republican lawmakers revolt; talks to resume Friday

22. Oversold, High-Yield S'pore Shrs Worth Buy; Pan-United Corp, Tat Hong, Parkway Life REIT, Ezra - DBSV

21. JPMorgan Chase buying Washington Mutual's assets after FDIC seizes ailing thrift

20. Asian Stocks Fall, US Futures Down; Bailout Plan Worries

19. China Essence Group Started At Buy, S$0.50 Target By CIMB

18. CORRECT: SPH Target Kept At S$4.70, Not Cut To S$3.92 By UOB

17. Singapore banks are likely to continue their relative outperformance, supported by strong fundamentals, says UBS

16. Macquarie downgrades Jurong Technologies to Underperform from Neutral . Cuts target price to S$0.20 from S$0.28

15. HSBC initiates STX Pan Ocean at Neutral, sets S$2.30 target pri

14. Old Chang Kee May Rise; Plans Move To Mainboard

13. Huaneng's Tuas Power To Build S$2B Plant In Singapore-Report

12. Goldman Sachs downgrades Ascendas REIT to Sell from Neutral, adds to Conviction Sell list; cuts target price to S$1.70 from S$2.68

11. $700B bailout plan appears stalled; Congressional leaders, economic chiefs to work into night

10. Macquarie upgrades City Developments to Outperform from Neutral, but trims target price to S$11.70 from S$12.12

9. Sunvic Chemical Started At Buy, S$0.37 Target By Phillip Sec

8. OCBC Target Cut To S$8.00 From S$9.20 BY UBS; Keeps Neutral

7. Starhub Target Cut To S$2.64 From S$2.87 By Macquarie

6. Hiap Seng May Edge Higher On US$38.7M Order

5. Hsu Fu Chi May Fall On Singapore Product Recall

4. Synear Target Cut To S$0.28 From S$0.33 By Deutsche

3. Straits Asia Target Cut To S$4.30 From S$5.10 By Macquarie

2. Singapore Aug Mfg Likely Down on Elec,Pharma-Poll

1. WALL STREET: Stocks rose as high hopes for bailout bill lifts financials such as JPMorgan Chase, General Electric. Dow up 1.8%, Nasdaq up 1.4%