Tuesday, September 29, 2009

Market Daily -- 29th Sep 09

8. Singapore Minister: Pace Of Global Recovery To Remain Modest
Singapore Min: Jobs Outlook In US, Other Key Mkts Remains Grim

7. SMRT Corp Target Raised To S$2.09 From S$1.76 By CIMB

6. SPH Target Raised To S$4.21 From S$3.83 By Macquarie

5. FCT Target Raised To S$1.30 From S$1.00 By Citi; Keeps Buy

4. Genting S'pore Started At Underperform By CS; S$0.90 Target

3. Singapore Airlines Target Raised To S$17.50 Vs S$14.00 By CS

2. GIC Portfolio Now Around S$265B, Not S$295B
GIC Portfolio Now Around S$265B, Not S$295B

1. WALL STREET: Stocks rose as another round of corporate M&A underpinned gains; Xerox +14% on agreement to buy business services provider Affiliated Computer Services in deal initially valued at $6.4 billion; Affiliated Computer +14%. Dow closed +1.3%, Nasdaq +1.9%