Monday, May 25, 2009

Market Daily -- 25th May 09

15. Yanlord Land Target Raised To S$3.02 From S$1.51 By Goldman

14. CapitaCommercial Target Cut To S$0.94 From S$1.54 By Daiwa

13. Keppel Corp Target Raised To S$8.50 From S$7.25 By UBS

12. Singapore Apr CPI Down 0.7% On Yr; First Fall Since June '05
Singapore Adjusted Apr CPI Down 1.5% On Mo Vs Down 0.3% Poll

11. CapitaCommercial Trust Fair Value Cut To S$1.01 Vs S$1.14 -UOB

10. Keppel Corp Target Raised To S$7.20 From S$6.30 By CIMB

9. Keppel Corp Target Raised To S$8.60 From S$7.95 By DMG

8. Ezra Target Raised To S$1.42 From S$1.00 By OCBC; Keeps Buy

7. Sembcorp Ind Target Raised To S$3.65 From S$2.65 By Nomura

6. Wing Tai Target Raised To S$1.39 Vs S$0.66 By Deutsche Bank

5. CityDev Target Raised To S$8.40 Vs S$5.50 By Deutsche Bank

4. CapitaLand Target Raised To S$2.83 Vs S$1.79 By Deutsche Bank

3. CapitaLand Target Raised To S$3.80 From S$3.30 By JPMorgan

2. WALL STREET: Stocks ended lower Friday with General Motors down 26% as bankruptcy loomed nearer with bondholders reportedly to reject an offer and Canadian union official said Chapter 11 looked increasingly likely. Dow ended down 0.2%, Nasdaq down 0.2%

1. Keppel To Sell 45.51% Stake In Singapore Petroleum
PetroChina To Pay S$1.47B For Singapore Petroleum Stake; $6.25/share