Wednesday, October 29, 2008

Market Daily -- 29th Oct 08

27. Singapore Rig Builders Yet To Bottom Despite Buy Calls

26. Chartered Semi Target Cut To S$0.36 From S$1.14 By Deutsche

25. SPH Off 3.3%; Safe-Haven Status Still Intact - KE

24. DBS Cut To Hold From Outperform By Daiwa; S$10.30 Target

23. Singapore Banks' Balance Sheets Strong - Nomura

22. Ferrochina: Creditors Claiming CNY4.5B In Suits Vs Co Units

21. Creative Technology Target Cut To S$3 Vs S$5.70 - DBS Vickers

20. DBS Vickers downgrades Jiutian Chemical to Fully Valued from Hold. Cuts target price to S$0.03 from S$0.15

19. CIMB downgrades UOB to Underperform from Outperform. Cuts target price to S$13.70 from S$21.78

18. CLSA Cuts Genting Intl To Sell; S$0.30 Target

17. BNP Paribas cuts target prices for Singapore property developers to reflect falling home prices, higher financing costs

16. Daiwa upgrades Frasers Centrepoint Trust (J69U.SG) to Buy from Outperform on "defensive features, cuts target price to S$1.05 from S$1.44

15. OCBC Target Cut To S$5.50 From S$8.13 By CIMB

14. Singapore Airlines Target Cut To S$14 Vs S$19 By DBS Vickers

13. Lippo-Mapletree Indonesia Retail F/V Cut To S$0.70 By OCBC

12. UOB Target Cut To S$16 From S$18.40 By DMG; Kept At Buy

11. OCBC Target Cut To S$6.80 From S$7.80 By DMG; Kept At Buy

10. DBS Vickers downgrades KS Energy (578.SG) to Fully Valued from Buy. Cuts target price to S$0.46 from S$2.59

9. SC Global Target Cut To S$0.93 From S$1.34 By BNP Paribas

8. GuocoLand Target Cut To S$1.66 From S$2.41 By BNP Paribas

7. Sim Lian Target Cut To S$0.39 From S$0.51 By BNP Paribas

6. CityDev Target Cut To S$7.58 From S$14.31 By BNP Paribas

5. Fraser & Neave Target Cut To S$5.39 From S$3.69 By BN

4. Lippo-Mapletree Trust Target Cut To S$0.27 Vs S$0.70 By OCBC

3. CapitaLand Target Cut To S$2.80 From S$6.20 By BNP Paribas

2. SingTel Target Cut To S$3.46 From S$4.60 By UBS; Keeps B

1. Macquarie Prime May Rise;New Investor Entry Hopes