Thursday, January 8, 2009

Market Daily -- 8th Jan 09

6. DBS Vickers upgrades Starhub to Buy from Hold. Keeps target price at S$2.08

5. Goodpack Target Cut To S$1.04 From S$1.54 By Kim Eng

4. Straits Times Index Target Cut To 1380 From 1560 By DMG

3. Noble Target Raised To S$1.52 From S$1.35 By ABN Amro

2. ARA Asset Mgmt Target Cut To S$0.69 Vs S$0.98 -Credit Suisse

1. WALL STREET: Stocks fell as layoffs at aluminum giant Alcoa, slashed profit forecasts at Intel harshly reminded investors of corporate-profit slowdown. Dow down 2.7%, Nasdaq down 3.2%