Thursday, April 23, 2009

Market Daily -- 23rd Apr 09

9. Keppel Corp 1Q Net Profit S$285.3M Vs S$262M;Expected S$240M

8. Yangzijiang Target Raised To S$0.36 From S$0.30 By CLSA

7. Ascott Res Trust Target Cut To S$0.66 From S$0.74 By Daiwa

6. Keppel Land Target Raised To S$2.08 Vs S$1.81 By DBS Vickers

5. Phillip Securities starts Suntec REIT at Hold with S$0.69 target

4. CS Ups Keppel Land To Neutral; S$1.96 Target

3. Ascott Residence Target Cut To S$0.67 Vs S$1.06 By UOB KH

2. CapitaLand Target Raised To S$1.72 From S$1.59 By Nomura

1. WALL STREET: Stocks fell as threat of General Motors bankruptcy reared its ugly head again; later in session, banks led market down with Wells Fargo off 3.4% despite 1Q profit rising 52% as bank boosted its provision for losses on loans by $1.3 billion because of likely trouble with consumer-credit, real-estate. Dow lost 1%, Nasdaq up 0.1%