DJIA 8,281.22 (+68.73)

• Macquarie Cuts SIA Target To S$10.07 Vs S$12.20
• AmFraser Starts KepLand At Hold; S$1.80 Target
• Ascendas REIT Target Cut To S$1.49 From S$1.91 By Daiwa
• S'pore Banks Oversold, DBS Top Pick - ABN Amro
• China Alone Can't Save Us
• CS Cuts SembMarine To Underperform; S$0.95 Target
• Singapore Airlines Target Cut To S$10.07 Vs S$12.20-Macquarie
• Ascendas REIT Target Cut To S$2.02 From S$2.20 By Citi
• Singapore Petroleum Co Target Cut To S$3.10 Vs S$4.20 -UOB KH
• Yongnam May Head Higher On S$185.5M Contract
• OCBC Target Cut To S$5.00 From S$5.60 By ABN Amro
• UOB Target Cut To S$14 From S$17 By ABN Amro
• MobileOne Downgraded To Neutral From Buy By DMG