Friday, October 16, 2009

Market Daily -- 16th Oct 09

16. MobileOne Ltd 3Q Net Profit S$34.2M Vs S$34.4M

15. Singapore Sep Non-Oil Domestic Exports Down 7.2% On Year
Poll Forecast Singapore Sep Non-Oil Exports Down 6.0% On Year
Singapore Sep Non-Oil Exports +3.0% Adj On Mo Vs +1.6% Poll
Singapore Sep Non-Oil Exports To US Down 4.7% On Year
Singapore Sep Non-Oil Exports To EU Down 15.2% On Year
Singapore Sep Non-Oil Exports To China Down 14.7% On Year
Singapore September Electronics Exports Down 14.4% On Year
Singapore September Non-Electronic Exports Down 2.4% On Year
Singapore Sep Non-Oil Domestic Exports Down 7.2% On Year

14. Noble Group To Make Tender Offer For Bonds Due 2015
Noble: To Buy Up To $340M In Total Principal Amount Of Bonds
Noble: $680 Million In Principal Amount Of Bonds Outstanding

13. Singapore Exchange Target Cut To S$8.22 Vs S$9.10 By DBSV

12. ST Engine Target Raised To S$3.10 Vs S$2.60 By DBS Vickers

11. Ezra Target Raised To S$2.60 Vs S$2.14 By CIMB

10. Singapore Airlines Target Raised To S$15 Vs S$10.55 By CIMB

9. Singapore Air Target Raised To S$16.20 Vs S$14.70 By Kim Eng

8. OCBC Target Raised To S$9.40 From S$8.80 By Kim Eng

7. Singapore Exchange Target Cut To S$7.60 Vs S$8.30 By Kim Eng

6. ST Engineering Target Raised To S$2.78 From S$2.38 By CIMB

5. Ezra Target Raised To S$1.24 From S$1.00 By Citi

4. Ezra Target Raised To S$2.40 From S$1.00 By JPMorgan

3. Biosensors Intl Started At Buy By Nomura; S$1.06 Target

2. OCBC Target Raised To S$8.80 Vs S$8.10 By Phillip Securities

1. WALL STREET: Stocks rose slightly as surge in oil prices drove some big oil names up. Gains led by Chevron, +1.6%, Exxon Mobil +1.5%; key banking stocks were a drag on market; Goldman Sachs down 1.9%, Citigroup off 5% despite both financials posting 3Q profits ahead of analysts' expectations as results failed to match investors' increased optimism following robust quarterly from JPMorgan on Wednesday. Dow up 0.5%, Nasdaq +0.05%