Friday, November 21, 2008

Market Daily -- 21st Nov 08

12. Olam Intl Target Cut To S$1.86 From S$4.00 By Cazenove

11. Tiong Woon Target Cut To S$0.46 From S$0.58 By UBS

10. Tat Hong Target Cut To S$0.91 From S$2.06 By UBS

9. Singapore MAS Injected About S$2.7 Billion Into Mkt - Trader

8. Wilmar Target Raised To S$3.00 From S$2.50 By Macquarie

7. Straits Times Index Target Cut To 2010 Vs 2983 By DBS Vickers

6. Singapore Govt Announces S$2.3 Billion Stimulus Package

5. Singapore Ministry Of Trade: Expect More Job Cuts In In 2009

4. Singapore 3Q GDP -6.8% Adj On Qtr Vs -6.3% Flash Estimate
Singapore 3Q GDP Dn 0.6% On Year Vs -0.5% Flash Estimate

3. Epure Intl Target Cut To S$0.24 From S$0.71 By Citigroup

2. City Developments Target Cut To S$7.24 From S$10.58 By Daiwa

1. WALL STREET: Stocks in late slump as fears spread on health of large names like GM, Ford, Citigroup; DJIA sank 5.6% for lowest close since March 2003, down more than 400 points, with S&P off 6.7% at lowest mark since April 14, 1997, Nasdaq off 5.1%