Tuesday, November 25, 2008

Market Daily -- 25th Nov 08

11. Kingsmen Creatives Target Cut To S$0.78 Vs S$0.88 By Kim Eng

10. Jasper Investments Target Set At S$0.15 By DBS Vickers

9. Ezra Holdings Target Cut To S$0.58 Vs S$1.04 By Goldman

8. KS Energy Target Cut To S$0.57 Vs S$1.00 By Goldman

7. Sembcorp Marine Target Cut To S$2.00 Vs S$3.00 By Goldman

6. Sembcorp Industries Target Cut To S$2.50 Vs S$3.20 By Goldman

5. Keppel Land Target Cut To S$1.02 Vs S$2.95 By Merrill

4. City Developments Target Cut To S$5.86 Vs S$10.90 By Merrill

3. CapitaLand Target Cut To S$2.14 Vs S$4.05 By Merrill Lynch

2. ABN AMRO cuts Singapore Telecommunications (Z74.SG) to Hold from Buy. Keeps S$2.85 target on SingTel

1. WALL STREET: Stocks surged after U.S. government threw a lifeline to Citigroup, which rallied 58%, while Bank of America added 27%. Fearing financial-system problems will intensify as Citi's stock plunged, Treasury Department said it will invest $20 billion in the bank on top of prior capital injection of $25 billion. Dow +4.9%, Nasdaq +6.3%