DJIA 8,282.86 (-411.30)

• Olam Down 8.6% at S$1.17 On Commodity Demand, Price Worries
• Yanlord Down 6.2% at S$0.76; CIMB Cuts Target To S$1.15
• Global Econ Recovery Unlikely Until 2010 Or 2011-Morgan Stanley
• Olam Target Cut To S$0.88 from S$1.16 By CLSA
• SC Global Off 1.7% at S$0.58 As Gearing Concerns Weigh
• Daiwa Cuts SingTel Target To S$2.26; Keeps Hold
• Synear Dn 10.6% at S$0.21,Weak 2Q Net Pft;JPM Ups To Neutral
• Allgreen Properties Target Cut To S$0.48 Vs S$0.68 By CS
• Kencana Agri Cut To Fully Valued From Buy By DBS Vickers
• NOL Dn 6.5% at S$1.15; Weak Container Demand Into 09-Nomura
• SingTel Target Cut To S$3.36 From S$3.93 By BNPP; Keeps Buy
• SGX Target Cut To S$4.60 Vs S$6.20 By Goldman; Keeps Neutral
• Tat Hong Hldgs Target Cut To S$0.91 From S$1.78 By OCBC
• Li Heng May Fall But Special Dividend S$0.015/share Support Eyed
• Hyflux Cut To Neutral From Buy By Nomura; S$1.93 Target
• Singapore Telecom Raised To Buy From Hold By ABN Amro
• Wilmar Target Cut To S$3.09 Vs S$3.46 By ABN Amro; Keeps Buy