Tuesday, November 24, 2009

Market Daily -- 24th Nov 09

9. Jardine Matheson Target Raised To US$38 Vs US$35.50 By HSBC

8. Temasek Prices S$600 Million 2-Part Bond Offering
Temasek Prices S$300 Mln, 20-Yr Bond At 62.25 BPs Over Swap
Temasek Prices S$300 Mln, 30-Yr Bond At 74.75 BPs Over Swap

7. Temasek To Raise S$600M Via 20-Year, 30-Year Bonds

6. Parkway Life REIT Target Raised To S$1.84 Vs S$1.65 By UOB KH

5. Ascendas REIT Restarted At Hold, S$1.76 Target By OCBC

4. Suntec REIT Target Raised To S$1.44 Vs S$1.18 By UBS

3. CapitaCommercial Target Raised To S$1.39 Vs S$1.24 By UBS

2. City Developments Target Cut To S$12.00 Vs S$12.50 By UBS

1. WALL STREET: Stocks lifted Dow to new 2009 closing high as energy companies, telecommunications giants led broad rally. Dow snapped 3-day losing streak to end at 10450.95, highest close since Oct. 2, 2008. Investors' confidence in stocks renewed by better-than-expected existing home sales data. Dow +1.3%, Nasdaq +1.4%