Wednesday, March 25, 2009

Market Daily -- 25th Mar 09

13. Sembcorp Industries Target Cut To S$2.5 From S$3.2 By GS

12. Keppel Corp Target Cut To S$4.85 From S$6.40 By Goldman

11. SMRT Started At Buy, S$1.96 Target By Nomura

10. ComfortDelgro Target Cut To S$1.48 Vs S$1.61 By Nomura

9. China XLX Fertiliser Target Cut To S$0.34 Vs S$0.39 By CIMB

8. Venture Corp Target Raised To S$6.06 Vs S$4.70 By Kim Eng

7. Raffles Education Seeks To Raise S$30.1M In Share Placement
Raffles Education To Use Proceeds To Repay Banking Facilities

6. Singapore Finance Min: Expect Econ To Bottom By End Of 3Q
Singapore Min: Growth After That Likely To Be Weak Till 2010

5. Hong Leong Finance Target Cut To S$2.60 From S$3.00 By UBS

4. Ascendas REIT Target Cut To S$1.13 Vs S$1.23 By Nomura

3. UOB Target Cut To S$8.50 From S$9.00 By Morgan Stanley

2. Cambridge Industrial Target Cut To S$0.24 Vs S$0.30 By Nomura

1. WALL STREET: U.S. stocks slid in late sell-off for recent market leaders in the financial sector as traders tempered hopes Treasury Department's latest plan was major turning point. Dow ended down 1.5%, Nasdaq down 2.5%.