Wednesday, January 21, 2009

Market Daily -- 21st Jan 09

10. Keppel Land 4Q Net Profit S$68.5M Vs S$572.3M;Expected S$39M

9. Singapore PSA Seeking US$1 Billion Loan - Source

8. China Zaino Target Cut To S$0.38 From S$0.68 By Daiwa

7. Midas Holdings Started At Buy, S$0.63 Target By Phillip Sec

6. Singapore 4Q GDP Down 16.9% On Qtr; Mkt Expected Down 13.1%

5. Wing Tai Hldgs Target Cut To S$0.61 Vs S$0.93 -Credit Suisse

4. Sembcorp Indus Target Cut To S$2.60 Vs S$3.40 -Credit Suisse

3. Keppel Corp Target Cut To S$6.80 From S$10.10 By UBS

2. Yangzijiang Started At Underperform, S$0.28 Target -Macquarie

1. WALL STREET: Fear held sway on stock market despite President Obama's message of confidence as financial stocks fell to lowest ebb of credit crisis, broad indexes hit 2-month lows. Dow ended off 4%, Nasdaq off 5.8%