Wednesday, January 7, 2009

Market Daily -- 7th Jan 09

9. CLSA downgrades Yangzijiang to Outperform from Buy, target price not given

8. CapitaLand Considering Rights Issue To Raise Capital -Source

7. Singapore Exchange Target Cut To S$6.39 From S$6.51 By CIMB

6. CapitaLand Target Raised To S$4.18 From S$3.63 By Kim Eng

5. Li Heng Target Cut To S$0.44 From S$0.54 By OCBC; Keeps Buy

4. SembMarine Target Cut To S$2.23 From S$2.50 By BNP Paribas

3. DBS Target Cut To S$11.00 From S$13.65 By BNP Paribas

2. UOB Target Cut To S$16.86 From S$18.95 By Macquarie

1. WALL STREET: Stocks up as traders tuned out dire economic data and Federal Reserve views to take a chance on stocks in risky sectors like technology, consumer finance; DJIA +0.7%, Nasdaq +1.5%