Wednesday, October 28, 2009

Market Daily -- 28th Nov 09

17. Noble Group: Raised US$2.4B Via Loan Syndication

16. Oversea-Chinese Banking 3Q Net S$450M Vs S$402M; Poll S$292M
OCBC 3Q Net Interest Income S$689M Vs S$684M
OCBC 3Q Non-Net Interest Income S$392M Vs S$462M
OCBC 3Q Net Allowances S$52M Vs S$156M
OCBC: Tier 1 Ratio At 15.2% As On End Sept

15. Cosco End-Sep Realized Loss On Derivatives CNY4.17B - Source
Cosco End-Sep Paper Loss On Derivatives CNY770M - Source
Cosco Losses Mainly From Freight Forwards, Fuel Derivatives - Source
SingTel To Use Optus Funds For Vietnam, China,Africa-Sources

14. SingTel Wants To Raise US$4B-US$5B Via Optus IPO-Source
SingTel Considering Floating Australian Unit Optus-Sources
SingTel Currently Plans To Retain Control In Optus-Sources
SingTel's Optus IPO Unlikely To Happen Next Year -Sources

13. Broadway Industrial Target Raised To S$1.04 Vs S$0.81 By CIMB

12. Suntec REIT Fair Price Raised To S$1.04 Vs S$0.82 By UOB-KH

11. CapitaLand Target Raised To S$5.04 From S$4.60 By Kim Eng

10. SingTel Target Cut To S$3.42 From S$3.64 BY BNP Paribas

9. Suntec REIT Target Raised To S$1.13 Vs S$0.94 By Phillip Sec

8. Suntec REIT Target Raised To S$1.21 From S$1.00 By OCBC

7. CapitaLand Target Raised To S$4.15 From S$2.50 By Citi

6. Mapletree Log Trust Started At Buy By Citi; S$0.86 Target

5. CapitaLand Target Raised To S$3.43 From S$3.10 By RBS

4. Neptune Orient Target Cut To S$1.10 From S$1.20 By Nomura

3. Keppel Land Target Raised To S$2.99 From S$2.65 By Nomura

2. Great Eastern Hldgs Target Raised To S$15.41 Vs S$12.84 - CS

1. WALL STREET: Stocks mostly languished with Walt Disney, Hewlett-Packard among decliners after robust Treasury auction showed healthy appetite for safer investments, though Dow managed to close slightly higher on gains in International Business Machines, energy components. Dow +0.1%, Nasdaq down 1.2%