Wednesday, April 22, 2009

Market Daily -- 22nd Apr 09

13. UBS Cuts Golden Agri To Sell; S$0.35 Target

12. Indofood Agri Target Raised To S$1.00 From S$0.75 By DBS

11. Wilmar Target Raised To S$4.55 From S$3.00 By DBS Vickers

10. First Resources Target Raised To S$0.60 From S$0.40 By DBS

9. DBS Raised To Buy From Hold By Kim Eng; S$11.00 Target

8. First Ship Lease Target Cut To S$0.50 From S$0.60 By UOB KH

7. MS Upgrades Allgreen To Buy; S$0.67 Target

6. OCBC Downgrades UOB To Sell; S$9.30 Target

5. Ascott Residence Trust 1Q DPU 1.77 Singapore Cents

4. Bukit Sembawang Target Cut To S$2.76 From S$3.00 By Nomura

3. K-REIT Asia Cut To Sell From Hold By Citi; S$0.50 Target

2. Wheelock Prop Target Raised To S$1.12 From S$0.86 By MS

1. WALL STREET: Stocks rose as bank fears receded on comments from Treasury Secretary Geithner and Citigroup CEO Vikram Pandit; Citigroup +10% with Pandit saying bank's "vital signs" are improving, poised to benefit from an economic recovery. Dow closed +1.6%, Nasdaq +2.2%