Tuesday, May 5, 2009

Market Daily -- 5th May 09

9. ST Engineering 1Q Net Profit S$85.2M Vs S$122.5M

8. Tat Hong Raised To Buy From Sell By Citi; S$1.10 Target

7. Frasers Commercial Target Cut To S$0.18 Vs S$0.23 By DBSV

6. Cosco Corp Target Raised To S$0.81 From S$0.57 By Kim Eng

5. Yanlord Land Target Raised To S$2.09 From S$1.21 By Citi

4. Singapore Post Started At Hold, S$0.85 Target By Phillip Sec

3. Frasers Com Trust Target Cut To S$0.24 From S$0.31 By Nomura

2. Noble Group Offers A$6.00/Shr for Gloucester Coal

1. WALL STREET: Stocks rallied Monday as traders bet economic recovery would come in nick of time for reeling banks, commodities processors. Dow +2.6%, Nasdaq +2.6%