Thursday, March 26, 2009

Market Daily -- 26th Mar 09

6. Kim Eng Securities upgrades Sembcorp Industries to Buy from Hold, lifts target price to S$2.70 from S$2.49

5. Singapore Post Target Cut To S$0.80 From S$0.88 By CIMB

4. Parkway Life REIT Started At Buy, S$0.94 Target By Kim Eng

3. China Sun Bio-Chem Requests Share Suspension In Singapore
China Sun Bio-Chem: Auditor Unable To Complete 2008 Audit
China Sun Bio-Chem:PwC Raises Issue Over Bk Balance Authenticity
China Sun Bio-Chem:Shr Suspension While Reviews Fincl Position

2. Raffles Education:Shr Placement To Raise S$30.1M Oversubscribed

1. WALL STREET: Stocks closed higher in late surge for financial stocks such as JPMorgan Chase and home builders such as Toll Brothers amid more signs of stabilization in the housing market. Dow +1.2%, Nasdaq +0.8%