Tuesday, October 6, 2009

Market Daily -- 6th Oct 09

8. CNA Group Started At Buy, S$0.52 Target By DMG

7. CapitaLand Target Raised To S$4.62 Vs S$4.18 By DBS Vickers

6. Gartner Expects 2009 Global Semiconductor Rev To Fall 17%
Gartner Earlier Predicted 2009 Global Semicon Rev Down 22.4%
Gartner Expects 2010 Global Semiconductor Revenue Up 10.3%

5. Wilmar Target Raised To S$7.20 From S$7.00 By Nomura

4. CapitaLand Target Raised To S$4.15 From S$3.72 By OCBC

3. CapitaLand Target Raised To S$3.92 From S$3.84 By Daiwa

2. CapitaLand Target Raised To S$5.00 From S$4.30 By JPM

1. WALL STREET: An analyst upgrade of banking sector, earnings-driven speculation lifted stocks; after 2% drop in Dow last week on series of underwhelming economic reports, some economic fears for market participants alleviated in morning by better-than-expected service sector report. Dow +1.2%, Nasdaq +1.0%