Thursday, April 2, 2009

Market Daily -- 2nd Apr 09

7. Neptune Orient CEO: Facing Worst Operating Environment Ever

6. Morgan Stanley Cuts Starhub Target To S$2.50

5. MobileOne Target Cut To S$2.13 From S$2.28 By CIMB

4. OCBC Downgrades Olam To Hold. lifts target price for Olam to S$1.51 from S$1.37

3. China Sky Fair Price Cut To S$0.16 Vs S$0.28 By UOB KayHian

2. STX Pan Ocean Target Raised To S$5.20 From S$4.40 By HSBC

1. WALL STREET: Stocks surged as traders focused on bright side of manufacturing data, auto-sales reports, ignoring worrisome labor-market survey. Dow ended +2.0%, Nasdaq +1.5%