Tuesday, August 4, 2009

Market Daily -- 4th Aug 09

30. ST Engineering 2Q Net Profit S$108.7M Vs S$119.9M

29. Sembcorp Marine Unit Gets S$160M Contract From Modec Offshore

28. Sembcorp Marine 2Q Net Pft S$138.1M Vs S$128.3M; Poll S$123M

27. CDL Hospitality Target Raised To S$1.58 From S$0.95 By UBS

26. Epure Target Raised To S$0.73 From S$0.52 By CIMB

25. Wilmar Target Raised To S$6.50 From S$6.00 By BoA-Merrill

24. Singapore Govt To Release 2Q GDP On Aug 11 At 0000 GMT

23. China Sunsine Target Raised To S$0.37 Vs S$0.24 By Westcomb

22. OCBC Cut To Hold But Target Raised To S$8 Vs S$7.60 By DBSV

21. China Animal Healthcare Started At Buy, S$0.27 Target By DBSV

20. OCBC Target Raised To S$9.15 From S$8.12 By UOB KayHian

19. OCBC Target Raised To S$8.80 From S$7.50 By Kim Eng

18. OCBC Target Raised To S$8.11 From S$7.79 By CIMB

17. Singapore Airlines Target Cut To S$12.10 Vs S$12.50 By CIMB

16. CityDev Target Raised To S$8.20 Vs S$5.69 By OCBC; Kept Sell

15. Tat Hong Target Raised To S$1.15 From S$0.99 By OCBC

14. Tat Hong Target Raised To S$1.15 From S$0.99 By OCBC

13. SMRT Target Cut To S$1.89 From S$1.92 By Phillip Securities

12. CDL Hosp Target Raised To S$1.24 From S$1.05 By Macquarie

11. OCBC Target Raised To S$7.97 From S$6.76 By Macquarie

10. Tat Hong Target Raised To S$1.05 From S$0.95 By CS

9. OCBC Target Raised To S$7.00 From S$4.60 By Morgan Stanley

8. OCBC Target Raised To S$8.50 From S$6.50 By JPMorgan

7. Cosco Corp Target Cut To S$0.66 From S$0.75 By JPMorgan

6. OCBC Target Raised To S$8.10 From S$4.61 By Phillip Sec

5. OCBC Target Raised To S$8.00 From S$6.50 By Credit Suisse

4. SingTel Target Raised To S$3.50 From S$3.22 By DBS Vickers

3. OCBC Target Raised To S$7.30 From S$6.20 By DMG; Kept Neutral

2. Sembcorp Marine: Unit Filed Suit Against Societe Generale
Sembcorp: Unit Seeks To Recover $198.9M From Societe Generale

1. WALL STREET: Strong profits for U.K. banks Barclays, HSBC spurred another day of gains for financials, while surging demand for commodities helped Alcoa and Peabody Energy lead broader market to highest closes in roughly 9 months. Dow rose 1.3%, Nasdaq + 1.5%