Wednesday, October 22, 2008

Market Daily -- 22nd Oct 08

22. CLSA upgrades Mapletree Logistics Trust to Outperform from Underperform, trims target price to S$0.66 from S$0.68

21. CPO Rebound Mid-Term;IOI,Astra,Wilmar Top Picks-MS

20. PREVIEW: Singapore Rig, Shipbuilders 3Q Net Profit Likely Up

19. Petra Foods Target Cut To S$0.40 from S$0.65 By CIMB

18. Ezra Holdings Target Cut To S$1.25 Vs S$2.50 By DBS

17. Mapletree Logistics Target Cut To S$0.57 Vs S$1.04 By DBS

16. CapitaMall Trust Target Cut To S$2.42 From S$2.85 By DBS

15. Nomura Cuts SGX Target To S$5.00; Keeps Reduce

14. DMG Cuts Li Heng Chemical Target To S$0.685

13. Asia Environment Target Cut To S$0.18 From S$0.44 By CS

12. Straits Asia Resources Target Cut To S$1.85 Vs S$2.50 By DBS

11. Ezra Holdings Target Cut To S$1.20 From S$3.30 By OCBC

10. CapitaMall Trust Target Cut To S$2.57 From S$3.05 By OCBC

9. SPC Likely To Fall; 3Q Profit Below Forecast - GS

8. Ezra Target Cut To S$0.55 From S$0.80 By Citi; Keeps Sell

7. UOB Target Cut To S$15.80 Vs S$20.20 By BNP Paribas

6. OCBC Target Cut To S$5.30 Vs S$6.65 By BNP Paribas

5. Ascott Residence Trust 3Q DPU 2.61 Singapore Cents, Up 31%

4. DBS Target Cut To S$14.70 Vs S$22.70 By BNP Paribas

3. CapitaMall Trust Target Cut To S$2.78 Vs S$3.25 By JPMorgan

2. SGX Target Cut To S$5.00 From S$7.00 By Nomura

1. WALL STREET: Stocks gave back over half of yesterday's gains as many corporations warned weakening economies crimping profit outlooks. Dow off 2.5%, Nasdaq off 4.1%