Friday, January 16, 2009

Market Daily -- 16th Jan 09

15. MobileOne 4Q Net Profit S$36.6M Vs S$37.9M

14. Singapore Yongnam Holdings Gets S$185.5M Contact

13. Ascendas REIT Target Cut To S$1.89 Vs S$2.32 By Deutsche Bank

12. Singapore's December Non-Oil Domestic Exports Dn 20.8% On Yr

11. Kim Eng Securities upgrades SGX to Hold from Sell as recent correction has brought stock closer to its S$4.90 target price

10. Ascendas REIT Target Cut To $1.67 From S$2.17 By CIMB

9. JPM Upgrades NOL To Neutral; S$1.10 Target

8. Morgan Stanley resumes coverage of Yangzijiang at Underweight, sets S$0.29 target price

7. Singapore Exchange Target Cut To S$3.00 Vs S$4.10 By UOB KH

6. ST Engineering Target Raised To S$2.83 Vs S$2.40 By UOB KH

5. SGX Target Cut To S$4.50 From S$5.80 By OCBC; Keeps Hold

4. Ascendas REIT Target Cut To S$1.68 From S$2.01 By CS

3. SGX Target Cut To S$5.80 From S$6.60 By CS; Keeps Neutral

2. Ascendas REIT Seeks S$400M In Pvt Placement,Preferential Off

1. WALL STREET: Stocks snapped six-session losing streak as Dow bounced off psychologically significant 8000 level, but traders still fretted about Bank of America and Citigroup's capital needs. Dow +0.2%, Nasdaq +1.5%