Monday, June 1, 2009

Market Daily -- 1st Jun 09

7. Ezion Target Raised To S$0.94 From S$0.20 By Westcomb

6. Parkway Holdings Target Cut To S$2.00 From S$2.30 By CIMB

5. Singapore Post Target Raised To S$0.98 Vs S$0.88 By Kim Eng

4. DBS Target Raised To S$14.00 From S$11.00 By JPMorgan

3. Olam To Raise S$437.5M Via Share Placement To Temasek Units
Olam: To Issue About 273.5M Shrs At S$1.60 Per Shr
Olam: Temasek To Control About 13.76% Of Company

2. SP AusNet Target Cut To A$1.00 From A$1.25 By RBS

1. WALL STREET: Stocks in late surge Friday as investors pushed into some of the stronger companies of May, like Merck, Pfizer and Coca-Cola, and rising commodity prices drove another rally for materials companies; DJIA +1.2%, gaining 2.7% for week, 4.1% for May, with Nasdaq +1.3%, gaining 4.9% for week, 3.3% for month