Thursday, November 24, 2011

Market Daily -- 24th Nov 11

11. City Developments Target Cut To S$10.35 From S$10.79 By HSBC

10. Sabana REIT Target Cut To S$0.90 From S$1.05 By HSBC

9. Mapletree Commercial Target Raised To S$0.90 From S$0.10-HSBC

8. Keppel Land Target Cut To S$3.90 From S$4.75 By HSBC

7. Mapletree Industrial Target Cut To S$1.15 Vs S$1.20 By HSBC

6. Suntec REIT Started At Neutral, Target S$1.20 By HSBC

5. Frasers Centrepoint Trust Target Set At S$1.60 By HSBC  

4. Singapore Exchange Target Price Cut To S$5.44 From S$6.12 By IIFL

3. Neptune Orient Lines Started At Buy With S$1.50 Target By Samsung Securities

2. Fitch: Asian Corporates' Exposure to Eurozone Is Manageable
Fitch: Certain Asian Sectors, Geographies More Vulnerable To Eurozone
Fitch: Eurozone Crisis Could Be Transmitted Through Reduced Demand For Asian Exports
Fitch: Asian Cos Reliant On Exports To Europe A 'Relatively Small Group'
Fitch: Japanese, Korean Automakers Would Feel Demand Impact From EU Slowdown
Fitch: Japanese Automakers More Exposed To US Slowdown
Fitch: Korean Automakers' Effect To Be Reduced By Pdt Substitution
Fitch: China, India, Indonesia Macroeconomically Less Exposed To Global Growth Shocks
Fitch: Eurozone Crisis Could Affect Asian Cos Through Access To Funding
Fitch: Most Asian Cos In Stronger Position Now Than In 2008
Fitch: Role Of Non-Asian Invest In Cos Funding Plans Should Not Be Overstated

1. The Dow Jones industrial average .DJI sank 236.17 points, or 2.05 percent, to 11,257.55 at the close. The Standard & Poor's 500 Index .SPX dropped 26.25 points, or 2.21 percent, to 1,161.79. The Nasdaq Composite Index .IXIC lost 61.20 points, or 2.43 percent, to 2,460.08