DJIA 9,325.01 (+144.32)

• DBS Vickers Cuts SMRT To Hold, Cuts target price to S$1.60 from S$2.00,
• MobileOne A Buy On Broadband Prospects, Dividend
• Chartered Semi +4.4% at S$0.235; Downside Limited - DBSV
• CapitaLand Target Cut To S$2.30 From S$4.21 By CIMB
• Keppel Land +10.3% at S$2.04 On New Govt Land Measures
• China XLX Fertiliser Downgraded To Hold Vs Buy By DBS Vickers
• SMRT Upgraded To Outperform From Neutral By CIMB
• Hyflux Target Cut To S$2.67 Vs S$3.60 By Credit Suisse
• Raffles Ed Target Cut To S$1.20 From S$1.75 By Credit Suisse
• NOL +3.3% at S$1.25, But Underperforms Mkt; MS Cuts Target
• Macquarie Cuts Keppel Corp Target To S$5.40
• BNPP Starts SembMarine At Buy; S$2.35 Target
• UOB Target Cut To S$13.50 From S$19.30 By Phillip Securities
• CapitaLand Target Cut To S$2.62 From S$3.71 By OCBC