Friday, December 12, 2008

Market Daily -- 12th Dec 08

5. Lippo-Mapletree Target Raised To S$0.39 From S$0.27 By OCBC

4. Frasers Centrepoint Target Cut To S$0.62 From S$0.72 By OCBC

3. SMRT Target Raised To S$1.85 Vs S$1.70 By CS; Keeps Neutral

2. Sembcorp Marine Started At Buy, S$2.10 Target By ABN Amro

1. WALL STREET: Stocks fell as loan quality, credit concerns spurred sell-off in banking names, while weak jobs data also weighed. Dow off 2.2%, Nasdaq off 3.7%