Wednesday, October 7, 2009

Market Daily -- 7th Oct 09

4. CSE Global Target Raised To S$1.00 Vs S$0.90 By DBS Vickers

3. SingTel Target Cut To S$3.30 From S$3.45 By DBS Vickers

2. FJ Benjamin Target Raised To S$0.38 From S$0.24 By Kim Eng

1. WALL STREET: Stocks rallied as investors appeared increasingly optimistic about start to 3Q earnings season; aluminum giant Alcoa rose 3.5% ahead of its 3Q report, Chevron gained 1.7%, reflecting jump in commodities-related companies. Dow +1.4%, Nasdaq +1.7%