Wednesday, December 24, 2008

Market Daily -- 24th Dec 08

3. DBS Vickers Cuts Hyflux Target Price To S$2.13

2. Li Heng Chemical Target Cut To S$0.49 From S$0.685 By DMG

1. WALL STREET: Another round of dire economic data drives Wall Street lower in last full trading session before Christmas; final U.S. GDP for 3Q unchanged from earlier estimate of 0.5% contraction, while November's existing home sales, new home sales lower. DJIA ends down 1.2%, Nasdaq down 0.7%