Friday, October 10, 2008

Market Daily -- 10th Oct 08

26. Nomura Cuts Hyflux Target To S$1.79; Keeps Buy

25. Merrill Lynch maintains Singapore Exchange at Underperform, cuts target price to S$4.50 from S$5.00

24. JPMorgan Cuts Venture Corp Target To S$11.00

23. Techs Hit Most By Working Capital "Blowout" -Macq

22. Many Asian Cos Not As Defensive As You Think -Macq

21. CIMB Upgrades M1 To Outperform. Raises target price to S$2.31 from S42.15

20. Cazenove downgrades Swiber to Underperform from Outperform, cuts target price to S$0.83 from S$4.25

19. DBS Vickers Cuts SingTel Target To S$3.10

18. Cosco Only S-Share Trading Above S$1.00

17. Singapore economy to grow just 0.2% on-year in 2009 with risks skewed to downside, says Morgan Stanley

16. Daiwa Ups CapitaMall Trust To Buy; S$3.41 Target

15. MAS May Ease SGD Policy In Apr To Help Econ - GS

14. Savvy Investors In S'pore Still Buying - Traders

13. Singapore Falls Into Recession In 3Q;MAS Eases Policy

12. S'pore Property Stocks Hit By Recession Worries

11. Singapore Telecom Target Cut To S$3.35 From S$4.20 By Nomura

10. Goldman Cuts SIA Eng To Neutral; S$2.00 Target

9. Raffles Education Target Cut To S$0.90 From S$2.00 By UBS

8. S'pore Property Heavyweights Likely Down Sharply

7. Singapore 2008 Growth May Miss Govt Estimate-OC

6. Singapore 3Q GDP Down 6.3%; Econ In Recession

5. Singapore MAS Loosens Monetary Policy; Takes Neutral Stance

4. SIA Target Cut To S$13.95 From S$17.28 By Nomura

3. Venture Corp Target Cut To S$11.00 From S$15.00 By JPMorgan

2. Hyflux Target Cut To S$1.79 From S$3.18 By Nomura

1. U.S. Stocks Plummet As Fear Cripples Sentiment. Dow fell 7.3%, Nasdaq down 5.5%