Wednesday, May 8, 2013

Market Daily -- 8th May 13

22. Sound Global Target Cut To S$0.63 From S$0.81 By DBS Vickers

21. ST Engineering Target Raised To S$4.80 From S$4.40 By DBS Vickers

20. Hi-P International Target Raised To S$0.86 From S$0.64 By CIMB

19. ST Engineering Target Raised To S$4.70 From S$4.29 By CIMB

18. Jaya Holdings Started At Sell With S$0.55 Target By OSK-DMG

17. Osim International Fair Value Raised To S$2.34 From S$2.15 By AmFraser

16. MTQ Corp Target Raised To S$2.10 From S$1.66 By OSK-DMG

16. Sembcorp Industries 1Q Net Profit S$176.9 Mln VS S$176.7 Mln
Sembcorp Industries: 1Q Revenue S$2.35 Bln VS S$2.43 Bln

15. SingTel Target Raised To S$4.00 From S$3.65 - Barclays

14. Super Group Target Raised to S$5.00 From S$4.80 By Maybank-Kim Eng

13. Starhill Global REIT Target Raised To S$0.99 From S$0.85 By Daiwa

12. ST Engineering Target Raised To S$4.50 From S$4.12 By UOB KayHian

11. Overseas Union Enterprise Target Raised To S$3.63 From S$3.36 By UOB KayHian

10. Wilmar International +2.7% at S$3.40; 1Q Net +23.3% at US$315.4 Mln

9. Cambridge Industrial Trust Target Raised To S$0.98 Vs S$0.66-Daiwa

8. Ascott Residence Trust Target Raised To S$1.75 Vs S$1.38 - Daiwa

7. CDL Hospitality Target Raised To S$2.40 Vs S$1.81 - Daiwa

6. Mapletree Logistics Target Raised To S$1.46 Vs S$1.07 - Daiwa

5. Sarin Technologies Target Raised To S$1.66 From S$1.48 By Maybank-Kim Eng

4. Ascendas REIT Target Raised To S$2.75 From S$2.23 - Daiwa

3. ST Engineering Fair Value Raised To S$4.36 From S$4.12 By OCBC

2. Wilmar International: 1Q Net Profit US$315.4M Vs US$255.9M
Wilmar International: 1Q Revenue US$10.20 Bln Vs US$10.47 Bln
Wilmar: Lower Palm Oil Price to Hurt Plantations' Profitability
Wilmar: Optimistic About Long-Term Prospects in China

1. The Dow Jones industrial average .DJI rose 87.31 points, or 0.58 percent, to close at a record 15,056.20. The Standard & Poor's 500 Index .SPX gained 8.46 points, or 0.52 percent, to end at 1,625.96. The Nasdaq Composite Index .IXIC advanced 3.66 points, or 0.11 percent, to close at 3,396.63