Monday, October 5, 2009

Market Daily -- 5th Oct 09

12. City Developments Target Cut To S$8.70 Vs S$11.60 By BoA-ML

11. CapitaLand Target Cut To S$2.95 Vs S$4.55 By BoA-ML

10. StarHub Target Cut To S$2.15 From S$2.50 By Mirae

9. Parkway Holdings Started At Buy By CLSA; S$2.54 Target

8. Ascott Residence Target Raised To S$1.21 Vs S$0.88 By CIMB

7. CapitaLand Plans To List Its Shopping Mall Ops In Singapore
CapitaLand's Retail Unit Has 86 Properties Valued At S$20.3B

6. ComfortDelGro Target Raised To S$1.69 From S$1.44 By UBS

5. SMRT Target Raised To S$1.99 From S$1.71 By UBS; Keeps Buy

4. China Milk Target Raised To S$0.64 From S$0.52 By DMG

3. Parkway Holdings Target Raised To S$3.10 Vs S$2.90 By CS

2. Frasers Centrepoint Target Raised To S$1.53 Vs S$1.17 By DMG

1. WALL STREET: Disappointing labor market report, concern about possible overextension during market's 3Q surge pushed stocks into red for 7th time in 8 sessions Friday, led by industrials such as General Electric, Boeing and Caterpillar. Unemployment rate climbed to 9.8% as employers cut more jobs than expected in another sign rapid recovery in labor market unlikely. Dow off 0.2%. Nasdaq of 0.5%