Wednesday, October 15, 2008

Market Daily -- 15th Oct 08

29. Deutsche Bank Cuts Venture Target To S$6.80

28. TMB Bank To Hike Asset Mgmt Unit Stake By Buying Shrs From DBS

27. S'pore Palm Stks Drop; Wilmar More Resilient -CS

26. Singapore Ppty Stocks Lower; Outlook Cloudy-CLSA

25. Mapletree To Develop $400M High-Tech Park In Vietnam - Report

24. DMG downgrades Cosco to Sell from Buy, Cuts target price to S$0.86 from S$2.85

23. S'pore Rig Builders Tumble On Oil, Credit Worries

22. STI Off 1.5%, Eyes On Earnings; Rig Builders Hit

21. BNP Paribas Starts Ezra At Buy; S$1.13 Target

20. Singapore To Stay World's Top Bunker Port '08 -Transport Min

19. Citigroup Downgrades Ezra To Sell; S$0.80 Target

18. Citigroup Cuts Rickmers To Sell; S$0.52 Target

17. China Sky Target Cut To S$1.64 From S$2.25 By CIMB

16. "Reality is beginning to set back into markets following the euphoric rally" earlier this week, says Calyon, with it becoming clear that "the U.S. government's bailout plan is not going to get the economy back on its feet anytime soon

15. Macquarie upgrades StarHub to Outperform from Neutral, cuts target price to S$2.40 from S$2.64

14. Citigroup Cuts SembMarine To Hold; S$2.85 Target

13. Citigroup downgrades Cosco Corp. to Hold from Buy, slashes target price to S$1.50 from S$4.15

12. SGX May Retreat Despite Bahrain MOU; S$5.65 Floor

11. Keppel Corp Target Cut To S$11.15 From S$13.35 By UBS

10. CapLand, Jardine C&C, Wilmar May See Profit-Taking

9. Cashflow Positive Cos Make Better Bets - OCBC

8. Singapore tech stocks may slide as new data from research group Gartner shows worldwide PC sales in 3Q08 hit by weakening global economy

7. China XLX Fertiliser Target Set At S$0.65 By Phillip Sec

6. Venture Corp Target Cut To S$6.80 From S$17.00 By Deutsche

5. Ezra Started At Buy By BNP Paribas; S$1.13 Target

4. Keppel Corp Target Cut To S$7.00 From S$12.97 By Citigroup

3. Venture Corp Target Cut To S$6.80 Vs S$17 By Deutsche Bank

2. Sembcorp Ind Target Cut To S$3.50 From S$5.35 By Citigroup

1. WALL STREET: Stocks fell as investors realized drastic government intervention augurs poorly for economic, corporate growth. Dow fell 0.8%, Nasdaq off 3.5%