Thursday, November 5, 2009

Market Daily -- 5th Nov 09

16. Genting CEO:Singapore Casino On Track To Open Early Jan 2010

15. Raffles Medical Group Target Raised To S$1.63 Vs S$1.19 -CIMB

14. SembMarine Target Raised To S$3.92 From S$3.25 By CLSA

13. China Hongxing Sports Target Cut To S$0.18 Vs S$0.23 -Kim Eng

12. Synear Food Target Raised To S$0.22 From S$0.19 By CIMB

11. Hyflux Target Raised To S$4.02 From S$3.18 By CIMB

10. Sembcorp Marine Fair Value Raised To S$3.2 Vs S$2.6 - UOB-KH

9. SingTel Target Cut To S$3.45 Vs S$3.65 By Nomura

8. Parkway Hldgs Target Raised To S$2.87 From S$2.32 By Nomura

7. SembMarine Target Raised To S$2.63 From S$2.06 By Daiwa

6. China Milk Target Cut To S$0.30 Vs S$0.91 By Phillip Sec

5. SIA Target Raised To S$13.27 From S$10.55 By Nomura

4. SembMarine Target Raised To S$3.90 From S$3.45 By UBS

3. SingTel Restarted At Neutral By Goldman; S$2.86 Target

2. Sembcorp Marine Target Raised To S$4.25 Vs S$3.75 By JPMorgan

1. WALL STREET: A post-Fed interest-rate decision sell-off for JPMorgan, Hartford Financial, other financials weighed on market, though Merck-led gains for health care had stocks closing slightly in green. Late in day, Fed kept key rate target near zero, as traders expected. Its policy statement contained no major changes in language from late September, though it cut amount of agency debt it plans to purchase to $175 billion from $200 billion. Dow +0.3%, Nasdaq fell 0.1%