Thursday, October 16, 2008

Market Daily -- 16th Oct 08

31. GIC Stake In UBS To Be Diluted From Convertible Sale

30. SingPost Outperforming; Yield Attractive; Buy rating with unchanged S$1.07 target price - UBS

29. Olam, Noble Sharply Lower On Oil, Gearing Worries

28. CIMB upgrades Synear Food to Outperform from Underperform. Keeps target price at S$0.35

27. CIMB downgrades Cosco to Underperform from Outperform, slashes target price to S$0.85 from S$2.89

26. SembMarine Dn 14.7%;Project Delays Likely-Cazenove

25. Kim Eng Securities upgrades Cosco to Buy from Hold, S$1.95 target price

24. OCBC Investment Research downgrades SGX to Hold from Buy, Cuts fair value to S$5.80 from S$8.50

23. Goldman Cuts S-REIT Targets On Weaker Outlook

22. SGX Dn 7%; Sharp 2009 Mkt Turnaround Unlikely-DBS

21. Credit Suisse Cuts SGX Target Price To S$6.60

20. Singapore Exchange Target Price Cut To S$6.60 Vs S$8 By CS

19. Goldman Cuts K-REIT To Neutral; S$0.88 Target

18. Singapore Property Stocks Tumble On Bleak Outlook

17. Ascendas REIT Target Cut To S$2.16 From S$2.60 By CIMB

16. Suntec REIT Target Cut To S$1.04 From S$1.88 By Goldman

15. CapitaCommercial Target Cut To S$1.52 From S$2.50 By Goldman

14. MP REIT Target Cut To S$0.62 From S$1.03 By Goldman Sachs

13. Frasers Centrepoint Target Cut To S$0.83 From S$1.36 By GS

12. CapitaMall Trust Target Cut To S$2.00 From S$3.43 By Goldman

11. Wing Tai Target Cut To S$0.90 From S$1.12 By Goldman Sachs

10. Allgreen Prop Target Cut To S$0.60 From S$0.90 By Goldman

9. UOL Group Target Cut To S$2.40 From S$3.42 By Goldman Sachs

8. CityDev Target Cut To S$6.80 From S$9.10 By Goldman Sachs

7. Keppel Land Target Cut To S$2.50 From S$4.66 By Goldman

6. CapitaLand Target Cut To S$3.30 From S$5.20 Goldman Sachs

5. Jurong Aromatics Delays Building $2.4B Petchem Plant -Report

4. Singapore Airlines Target Cut To S$14.02 Vs S$15.57 By Daiwa

3. Cosco Corp Started At Sell By Deutsche; S$0.50 Target

2. SGX Target Cut To S$6.50 From S$7.50 By Morgan Stanley

1. SGX Target Cut To S$6.20 From S$7.60 By Goldman Sachs