Wednesday, January 27, 2010

Market Daily -- 27th Jan 10

11. SMRT Corp 3Q Net Profit S$39.2M Vs S$41.2M

10. CWT Limited Target Raised To S$1.19 From S$0.82 By DMG

9. Singapore MAS Sells S$2.2B 2-Yr Govt Bond; Cut-Off Yield 0.60%

8. Suntec REIT Target Raised To S$1.33 from S$1.18 By Daiwa

7. Keppel Corp Target Raised To S$6.90 From S$6.12 By Daiwa

6. Genting Singapore Target Cut To S$1.40 From S$1.50 By CLSA

5. Ryobi Kiso Opens At S$0.29 On SGX Debut Vs S$0.26 IPO Price

4. Keppel Corp Fair Price Raised To S$8.40 From S$8.20 By UOB

3. Suntec REIT Target Raised To S$1.40 From S$0.77 By CS

2. Frasers Centrepoint: Private Placement Fully Subscribed
Frasers Centrepoint: Issue Price Fixed At S$1.33 Per Unit
Frasers Centrepoint:Raised S$182.2M In Gross Proceeds From Private Placement

1. Stocks closed slightly lower as financial shares hit with continued concern over bank-regulation plans; investors disappointment with Verizon Communications 4Q report. J.P. Morgan Chase - worst performer - down 2.0% as investors remain concerned over how financial sector will be affected by bank-restriction plans outlined by President Barack Obama. Dow down 0.03%, Nasdaq down 0.3%