Thursday, July 23, 2009

Market Daily -- 23rd Jul 09

23. Keppel Corp 2Q Net Profit S$317.3M Vs S$299.3M

22. Keppel Land Target Raised To S$2.60 From S$1.61 By OCBC

21. Singapore June CPI Down 0.5% On Yr; Poll Forecast CPI -0.5%
Singapore Adjusted June CPI Up 0.2% On Mo Vs +0.2% Forecast
Singapore June Food Costs Up 2.0% On Year
Singapore June Transport Costs Down 4.7% On Year
Singapore June Housing Costs Down 0.7% On Year

20. Keppel Land Target Raised To S$2.75 From S$2.42 By DB

19. Midas Hldgs Target Raised To S$1.17 From S$0.95 By BOC Intl

18. CapitaCommercial Target Raised To S$0.90 From S$0.85 By JPM

17. Hongkong Land Target Raised To US$3.22 From US$1.81 By DB

16. Singapore Medical Group Opens At S$0.21, Same As IPO Price

15. Keppel Land Target Raised To S$3.19 From S$2.73 By Kim Eng

14. Marco Polo Marine Started At Buy, S$0.51 Target By CIMB

13. CapitaCommercial Target Raised To S$1.07 Vs S$0.96 By OCBC

12. Keppel Land Target Raised To S$1.72 From S$1.52 By Goldman

11. Armstrong Industrial Target Raised To S$0.29 Vs S$0.18 By DMG

10. CapitaCommercial Target Raised To S$1.09 Vs S$0.94 By Daiwa

9. Keppel Land Target Raised To S2.40 From S$1.50 By JPMorgan

8. SGX Target Raised To S$10.00 From S$5.60 By JPMorgan

7. Raffles Education Started At Buy By BNPP; S$0.78 Target

6. CapitaCommercial Target Cut To S$0.90 Vs S$1.05 By UOB KH

5. Chartered Semi Target Raised To S$2.00 From S$1.70 By BNPP

4. Keppel Land Target Raised To S$2.00 From S$1.94 By Citi

3. Singapore Press Target Raised To S$4.20 From S$3.30 By Citi

2. Ascott Residence Trust 2Q DPU 1.79 Singapore Cents Vs 2.19

1. WALL STREET: Stocks finished mixed with Dow falling though Apple and Yahoo lifted Nasdaq; Apple +3.5% to highest close since last September after reporting 15% rise in 3Q profit, boosted by surging sales of iPhones; Yahoo gained 3.7% after 2Q profit topped expectations; Starbucks jumped 18% as coffee retailer swung to 3Q profit on lower restructuring charges. Dow closed down 0.4%, Nasdaq +0.5%