Thursday, May 6, 2010

Market Daily -- 6th May 10

9. StarHub 1Q Net Profit S$42.7M Vs S$82.5M

8. Cosco Corp 1Q Net Profit S$31.7M Vs S$33.2M

7. Noble Group 1Q Net Profit $115.0M Vs $90.2M

6.  Singapore Govt: Awarded Boon Lay Tender To Keppel Land For S$303M

5. Genting Singapore Target Raised To S$0.99 From S$0.89 By UBS

4. Hyflux Target Cut To S$3.60 From S$4.20 By JPMorgan

3. Hyflux Target Cut To S$2.93 From S$3.38 By Daiwa

2. Ying Li International Target Cut To S$0.50 From S$0.80 By DMG

1. WALL STREET: Stocks fell, extending yesterday's slide as downgrade warning on Portugal, riots in Greece highlighted worries over euro-zone debt. Fears crisis continuing to escalate sent investors out of riskier assets. Dow ended down 0.6% to lowest close since Mar. 31, Nasdaq declined 0.9%