Monday, July 13, 2009

Market Daily -- 13th Jul 09

9. Fortune REIT Started At Buy By CLSA; HK$5.00 Target

8. Singapore Jan-Jun Bunker Sales Up 3.1% On Yr At 17.89M Tons

7. Yanlord Land Target Raised To S$2.19 From S$2.06 By CIMB

6. S'pore Airlines Target Raised To S$14.07 Vs S$11.97 By Daiwa

5. Cosco Target Raised To S$0.69 From S$0.39 By CIMB

4. SingTel Target Raised To S$3.35 From S$3.17 By Kim Eng

3. Noble Target Raised To S$2.64 From S$1.74 By RBS

2. Ascott Residence Target Raised To S$0.79 From S$0.56 By CIMB

1. WALL STREET: Stocks finished mixed Friday as profit reports trickled in, with Shaw Group sliding after an earnings miss, Yahoo gaining on an analyst upgrade, and Exxon Mobil continuing its recent decline. Friday's economic data showed that consumer confidence dropped in the middle of July. Dow fell 0.45%, 1.62% down for week, Nasdaq +0.20% but down 2.3% for week