Monday, February 9, 2009

Market Daily -- 9th Feb 09

5. CapitaLand 4Q Rev S$703.7M Vs S$1.3B
CapitaLand 4Q Net Profit S$78M Vs S$674.7M; Expected S$96M
CapitaLand: Rights Issue To Raise S$1.84B
CapitaLand: To Offer 1 Rights Shr For Every 2 Shrs At S$1.30
CapitaLand: CapitaMall Trust In S$1.23B Rights Issue
CapitaMall To Offer 9 Rights Units For Every 10 Units At S$0.82

4. China Fishery Started At Buy By DMG; S$0.86 Target

3. GuocoLand Fair Price Cut To S$1.25 Vs S$1.50 By UOB KayHian

2. Olam Target Cut To S$0.57 From S$0.69 By ABN Amro; Sell

1. WALL STREET: Stocks rose despite largest monthly contraction in job market since 1974 as traders turned bullish ahead of Obama administration's bank-rescue plan, economic-stimulus bill. Dow +2.7%, Nasdaq +2.9%