Friday, January 30, 2009

Market Daily -- 30th Jan 09

16. Noble Group Considering Bid For Straits Asia Stake - Source

15. Keppel Confirms Rowan Wants Review Of Payment Terms On 4 Rigs;
Keppel: Under No Obligation To Revise Rowan Contract Terms;
Keppel: 4 Rowan Rigs Order Valued US$780 Million

14. GS Ups Ascendas REIT To Neutral; S$1.30 Target

13. Singapore Dec Bank Loans S$272.18B Vs S$273.19 In Nov - MAS

12. Singapore 4Q Adj Unemployment Rate 2.6% Vs 2.2% In 3Q

11. Chartered Semi CEO:Timing Of Chip Demand Recovery Uncertain

10. Epure Started At Buy By Phillip Securities; S$0.44 Target

9. Daiwa Downgrades Ascott REIT To Outperfor; trims target price to S$0.74 from S$0.75

8. JPM Ups Fortune REIT To Overweight;HK$2.70 Target

7. Chartered Semi CEO: No Plans For Permanent Fab Closures

6. Noble Target Cut To S$1.58 From S$1.83 By OCBC; Keeps Buy

5. Mapletree Log Target Cut To S$0.45 From S$0.70 By Goldman

4. CDL Hospitality Target Cut To S$0.74 From S$1.59 By Goldman

3. Suntec REIT Target Cut To S$0.64 From S$1.34 By JPMorgan

2. Chartered Semi To Cut 600 Jobs, Swings To 4Q Loss

1. WALL STREET: Stocks fell as financial sector gave back bulk of prior day gains. Dow fell 2.7%, Nasdaq off 3.2%