Monday, October 20, 2008

Market Daily -- 20th Oct 08

34. Golden Agri, Wilmar May Gain From Downturn - UBS

33. MS Cuts CDL Hospitality Trust Target To S$0.8

32. Olam +7.0%; Long-Term Fundamentals Sound - UBS

31. ABN Amro Cuts UOL To Hold; S$2.10 Target

30. Olam Target Cut To S$1.96 From S$3.75 By UBS; Keeps Buy

29. S'pore Developers Firmer But Outlook Tough - DBSV

28. Singapore Trade Min: Loan Default Rates Likely To Rise

27. DMG upgrades Ascendas REIT to Buy from Neutral. Sets target price at S$1.75

26. Singapore Min: No Financial Assistance Given To Local Banks

25. SingTel Optus: To Cut 115 Jobs In Networks Division

24. DBS Vickers downgrades MobileOne to Fully Valued from Buy. Cuts target price to S$1.65 from S$2.20

23. STI Likely To Approach 1500 By Early 2009 - Citi

22. ABN Amro Cuts Bukit Semb To Sell; S$4.30 Target

21. CIMB downgrades DBS to Underperform from Outperform, Cuts target price to S$11.58 from S$22.26

20. SingTel +2%; Spokesman Denies Job Cuts Report

19. Straits Asia +8.0%; Refinancing Good News - GS

18. KepCorp, SembMarine Tumble On Orderbook Concerns

17. Ascendas REIT Target Cut To S$2.01 From S$2.30 By CS

16. ABN Amro Cuts CityDev Target To S$5.00; Sell

15. MobileOne Target Cut To S$2.21 From S$2.34 By UBS

14. ABNN Amro Cuts Keppel Land To Sell; S$1.60 Target

13. Citi Downgrades MobileOne To Hold; S$1.75 Target

12. Guocoland Target Cut To S$0.81 From S$1.91 By DBS Vickers

11. Ascendas REIT Target Cut To S$2.44 From S$2.89 By Macquarie

10. ABN Amro Cuts CapLand To Sell; S$1.80 Target

9. Optus Job Cut Report Positive For SingTel-Analyst

8. MS Cuts NOL To Equalweight; S$1.70 Target

7. STI May Rise, Volatile Market Expected; 1900 Cap

6. Ascendas REIT May Outperform;1H Results Solid, Buy rating, trims target price to S$2.38 from S$2.64-UBS

5. Sino-Environment Target Cut To S$0.74 From S$1.68 By OCBC

4. DBS Target Cut To S$15.70 From S$17.00 By Credit Suisse

3. CDL Hospitality Trust Target Cut To S$0.81 From S$1.85 By MS

2. CityDev Target Cut To S$5.00 From S$9.90 By ABN Amro

1. SingTel's Optus Plans 400 Job Cuts - Report