Wednesday, May 27, 2009

Market Daily -- 27th May 09

8. Singapore Exchange Target Raised To S$6.20 Vs S$3.80 By CLSA

7. Yanlord Land Target Raised To S$1.87 From S$1.32 By CIMB

6. Golden Agri-Resources To Raise S$311.1M Via Rights Issue
Golden Agri: Could Raise Up To S$381.0M Via Warrants Issue
Golden Agri: To Issue 17 Rights Shrs Per 100 Existing Shrs
Golden Agri:Rights Issue Priced At 18 Singapore Cents Per Shr

5. Goldman Ups Genting Singapore Target To S$0.44 From S$0.37

4. Genting Singapore Holder Sells 9% Stake For S$0.72/Shr - Source
Genting Singapore Holder Raises S$615M From Sale - Source

3. SIA Engineering Target Raised To S$2.70 From S$2.00 By GS

2. Singapore Exchange Target Raised To S$6.20 From S$3.95 By DMG

1. WALL STREET: Stocks surged as strong consumer confidence data lifted demand; financials paced gains with JPMorgan Chase +6.2%, American Express +5%. Dow up 2.4%, Nasdaq up 3.5%