Monday, October 13, 2008

Market Daily -- 13th Oct 08

16. CIMB Cuts NOL Target To S$1.35;Keeps Underperform

15. CIMB Cuts SPH Target To S$4.50; Keeps Outperform

14. STI +3.4%; Rebound May Not Last, 2038 Cap - DMG

13. Sino Techfibre Dn 17.5% On Production Vol Worries

12. Parkway Target Cut To S$3.00 From S$3.22 By Credit Suisse

11. CIMB Cuts S'pore STI Target To 2400 From 3000; Stays Neutral

10. Goldman downgrades Keppel Corp. to Neutral from Buy, slashes target price to S$6.70 from S$13.00

9. SPH Target Cut To S$4.25 From S$5.10 By Cazenove

8. Sembcorp Ind Target Cut To S$3.20 From S$4.90 By Goldman

7. SembMarine Target Cut To S$3.00 From S$4.40 By Goldman Sachs

6. Midas Target Cut To S$0.55 From S$0.95 By Credit Suisse

5. Singapore's MAS: Country's Financial System 'Remains Stable'
Singapore's MAS: Singapore Dollar Interest Rates Remain Stable
Singapore MAS: Prepared To Inject Liquidity As Required
Singapore MAS: Welcomes G7 Move To Stabilize Markets

4. OCBC Target Cut To S$7.56 From S$10.48 By Macquarie

3. UOB Target Cut To S$18.95 From S$24.03 By Macquarie

2. DBS Target Cut To S$18.13 From S$23.75 By Macquarie

1. WALL STREET: Stocks fell Friday with DJIA trading in 1000-point range in volatile session. Dow down 1.5%, Nasdaq up 0.3%