Thursday, January 22, 2009

Market Daily -- 22nd Jan 09

13. Keppel Corp FY Net Profit S$1.09B Vs S$1.13B;
Keppel Corp 4Q Net Profit S$264M Vs S$373M

12. Keppel Land Target Cut To S$1.45 Vs S$1.52 By Goldman Sachs

11. City Developments Issues S$100M Islamic Trust Certificates

10. Keppel Land Target Cut To S$1.87 From S$2.17 By DBS Vickers

9. Indofood Agri Target Raised To S$0.77 Vs S$0.52 - CIMB

8. Golden Agri-Resources Target Raised To S$0.29 Vs S$0.21 -CIMB

7. CapitaRetail China Target Raised To S$0.92 Vs S$0.70 By Daiwa

6. First Ship Lease Target Cut To S$0.60 From S$1.53 By UOB KH

5. Chartered Semicon Target Cut To S$0.15 Vs S$0.20 By Macquarie

4. Fortune REIT Target Cut To HK$3.80 Vs HK$4.63 By Macquarie

3. CapitaMall Trust 4Q Distribution 3.65 Singapore Cents/Unit

2. Creative Tech 2Q Net Loss US$32.4M Vs US$7.6M Profit Yr Ago

1. WALL STREET: Stocks surged with indexes in biggest one-day gain since Dec. 16, regaining bulk of yesterday's losses as rays of hope emerged for financials like Bank of America, Northern Trust and other economically sensitive stocks like IBM and Chevron. Dow ended +3.5%, Nasdaq +4.6%