Monday, October 26, 2009

Market Daily -- 26th Oct 09

11. Singapore September Manufacturing Output Down 7.7% On Year
Dow Jones Poll Forecast Sep Manufacturing Down 1.1% On Year
Singapore September Adjusted Manufacturing Down 9.1% On Month
Singapore September Biomedical Output Down 13.9% On Year
Singapore September Pharmaceuticals Output Down 15.2% On Year
Singapore September Electronics Output Down 1.1% On Year
Singapore September Transport Engineering Mfg Down 8.1% On Yr

10. SIA Engineering Target Raised To S$3.52 Vs S$2.48 By UOB KH

9. Swiber Holdings Target Raised To S$1.95 From S$1.61 By CIMB

8. Olam Target Raised To S$3.10 From S$2.95 By DBS Vickers

7. Armstrong Indus Target Raised To S$0.39 Vs S$0.34 By Kim Eng

6. Olam Target Raised To S$2.69 From S$2.61 By Nomura

5. Keppel Corp Target Raised To S$7.50 From S$7.00 By DnB NOR

4. Keppel Corp Target Raised To S$9.00 From S$6.00 By Goldman

3. SembMarine Target Raised To S$4.25 From S$1.15 By Goldman

2. Sembcorp Ind Target Raised To S$4.10 From S$2.40 By Goldman

1. Stocks fell as weak forecast from railroad operator Burlington Northern fueled worries about freight demand, a barometer of wider economy, though tech giants Microsoft, Amazon.com held up on strong quarterly results; DJIA ended down 1.1%, biggest 1-day fall since Oct. 1, and declining 0.2% for week, with Nasdaq off 0.5%.