Thursday, February 5, 2009

Market Daily -- 5th Feb 09

6. Singapore Fin Min: 2009 GDP Forecast -2% To -5%

5. Singapore Airlines Target Cut To S$9.70 Vs S$12.25 By UOB KH

4. SingTel To Offer HTC's Google Phone In Singapore, Australia

3. DMG downgrades Raffles Medical Group to Neutral from Buy, cuts target price to S$0.74 from S$0.85

2. Venture Corp Target Cut To S$5.40 Vs S$7.13 By Credit Suisse

1. WALL STREET: U.S. stocks down Wednesday as lackluster earnings reports led to slide for several large consumer stocks; DJIA closes down 1.5% at 7956.66, below 8000 for third time this year, Nasdaq off 0.1%, S&P 500 down 0.8%