Tuesday, March 10, 2009

Market Daily -- 10th Mar 09

9. Neptune Orient Lines Considering Rights Issue-Sources
Neptune Orient Lines Rights Issue At Least $250M -Sources

8. Singapore MAS: Have Not Used $30 Bln Swap Line With US Fed

7. Indofood Agri Started At Buy, S$0.75 Target By DBS Vickers

6. Keppel Corp Target Cut To S$3.75 Vs S$4.50 By Kim Eng

5. Ascendas REIT Target Price Cut To S$1.60 Vs S$1.92 By UOB

4. Parkway Holdings Target Cut To S$1.60 From S$2.10 By UBS

3. SC Global Target Cut To S$0.28 From S$0.46 By Nomura

2. SingTel Target Cut To S$2.43 From S$2.67 By Goldman Sachs

1. WALL STREET: Stocks fell with indexes dropping to their lowest marks in more than 12 years despite some M&A activity. Dow dropped 1.2% to 6547.05, lowest close since April 14, 1997; Nasdaq down 2%