Monday, December 15, 2008

Market Daily -- 15th Dec 08

17. Chartered Semiconductor Target Cut To S$0.20 Vs S$0.25 By GS

16. JPM Cuts SIA Target To S$10.00; Keeps Neutral

15. Cambridge Indus Trust Target Cut To S$0.62 Vs S$0.73 -UOB-KH

14. OCBC Cuts Chartered Semi Target Price To S$0.17

13. Kim Eng Upgrades SIA To Buy; S$13.20 Target

12. Tat Hong Target Cut To S$0.95 From S$1.05 By Credit Suisse

11. Nomura Cuts CityDev To Reduce; S$4.75 Target

10. Chartered Semi Target Cut To S$0.17 From S$0.31 By OCBC

9. SC Global Started At Reduce By Nomura; S$0.46 Target

8. Bukit Sembawang Started At Neutral By Nomura; S$4.21 Target

7. Cambridge Ind Trust Target Cut To S$0.38 From S$0.77 By JPM

6. Singapore To Sign Free Trade Agreement With 6 Arab States

5. SIA Target Cut To S$10.00 From S$13.10 By JPM: Keeps Neutral

4. Cambridge Ind Trust Target Cut To S$0.56 From S$0.66 By BNPP

3. Parkway Holdings: To Cut Singapore Workforce By Less Than 4%
Parkway Holdings: Senior Management Salaries Cut 15%-35%
Parkway Holdings: Middle Management Salaries Cut 5%-10%

2. Singapore's government is considering bringing forward up to S$4.7 billion in deferred construction projects to boost the local economy, a newspaper reported Saturday, citing a minister

1. WALL STREET: Stocks rose Friday on hopes White House will step in to resolve crisis in U.S. Dow +0.8%, Nasdaq +2.2%