Monday, November 2, 2009

Market Daily -- 2nd Nov 09

22. SIA Engineering 2Q Net Profit S$61.1M Vs S$73.4M
SIA Engineering 2Q Revenue S$248.1M Vs S$279.3M

21. China Milk Target Cut To S$0.44 Vs S$0.63 By UOB KayHian

20. UOB Target Raised To S$19.10 From S$16.99 By Daiwa

19. CapitalMalls Asia Plans To Raise Up To S$2.8B In IPO - Source

18. SMRT Target Raised To S$2.00 From S$1.65 By DBS Vickers

17. China Milk Target Cut To S$0.47 From S$0.64 By DMG

16. Sembcorp Industries Target Raised To S$4.62 Vs S$3.84 By CIMB

15. CSE Global Target Raised To S$1.34 From S$1.08 By CIMB

14. Rotary Engineering Target Raised To S$1.92 Vs S$1.41 By CIMB

13. Genting Singapore Target Raised To S$1.27 Vs S$1.05 By CIMB

12. UOB Target Raised To S$19.50 From S$19.00 By Kim Eng

11. SMRT Target Raised To S$2.10 From S$1.70 By Kim Eng

10. Neptune Orient Lines Target Cut To S$1.75 From S$2.12 By Phillip Sec

9. CDL Hospitality Target Raised To S$1.90 From S$1.55 - UOB-KH

8. SMRT Target Raised To S$2.15 From S$1.99 By UBS; Keeps Buy

7. CDL Hospitality Target Raised To S$1.31 From S$1.20 By GS

6. CDL Hospitality Target Raised To S$1.20 From S$1.11 By Citi

5. CDL Hospitality Target Raised To S$1.56 From S$1.14 By RBS

4. UOB Target Raised To S$21.00 From S$16.00 By Morgan Stanley

3. UOB Target Raised To S$18.66 From S$17.61 By Macquarie

2. UOB Target Raised To S$17.60 Vs S$16 By DMG; Kept At Neutral

1. WALL STREET: Stocks tumbled Friday, as investors again grew concerned about economy after short-lived excitement over Thursday's good report on gross domestic product. Bank of America tumbled 7.3%, JPMorgan slid 5.8%, Alcoa 4.5%. Declines also came as latest measure of consumer spending came in weak, reflecting biggest drop since December 2008, although in line with economists' expectations. Dow fell 2.5%, Nasdaq lost 2.5%