Thursday, November 13, 2008

Market Daily -- 13th Nov 08

24. City Developments 3Q Net S$150.8M Vs S$169.5M

23. Olam Target Cut To S$0.88 from S$1.16 By CLSA

22. Singapore Exchange Target Cut To S$4.60 Vs S$6.20 By GS

21. SingTel Target Price Cut To S$2.26 From S$3.84 By Daiwa

20. Parkway Holdings Target Cut To S$2.88 Vs S$3.00 By CS

19. Wilmar Intl Target Raised To S$3.30 From S$2.95 By CIMB

18. Tat Hong Holdings Target Cut To S$0.53 From S$0.70 By Citi

17. Golden Agri-Resources Target Cut To S$0.30 Vs S$0.48 By OCBC

16. Tiong Woon Target Cut To S$0.33 From S$0.66 By Kim Eng

15. Wilmar Target Raised To S$3.30 From S$2.80 By Credit Suisse

14. SingTel Target Cut To S$3.55 From S$4.00 By Credit Suisse

13. Parkway Hldgs Target Cut To S$1.39 Vs S$1.85 By DBS Vickers

12. CapitaLand Target Cut To S$3.05 From S$6.60 By DMG

11. Singapore Telecom Target Cut To S$3.86 Vs S$4.01 -Phillip Sec

10. Tat Hong Hldgs Target Cut To S$0.91 From S$1.78 By OCBC

9. Hyflux Cut To Neutral From Buy By Nomura; S$1.93 Target

8. Wilmar Target Cut To S$3.09 Vs S$3.46 By ABN Amro; Keeps Buy

7. STX Pan Ocean Started At Reduce By Nomura; S$0.60 Target

6. SIA Target Cut To S$15.00 From S$20.00 By UBS; Keeps Buy

5. SingTel Target Cut To S$3.36 From S$3.93 By BNPP; Keeps Buy

4. SGX Target Cut To S$4.60 Vs S$6.20 By Goldman; Keeps Neutral

3. Parkway Hldgs Target Cut To S$1.80 From S$2.20 By JPMorgan

2. Ferrochina:Total Of 206 Suits Filed Vs Units Claiming CNY4.8B

1. WALL STREET: Stocks plunged, Nasdaq fell to lowest level in more than 5 years as grim warning from CEO of Best Buy hurt, while fears Treasury's bank-rescue plan was in state of flux sent financial stocks such as Citigroup, American Express to their lowest levels in more than 10 years. Dow fell 4.78%, Nasdaq off 5.2%