DJIA 7,365.67 (-100.28)

• Cosco Corp 2008 Net Profit S$302.6M
• CIMB Cuts End-2009 Singapore STI Target To 1800
• CIMB Starts Midas At Outperform, S$0.70 Target
• Chip Eng Seng Target Raised To S$0.29 Vs S$0.20 By Westcomb
• Hyflux WT +5.2% at S$0.32; FY08 Better Than Forecast - CS
• Keppel Land Started At Buy By BNP Paribas; S$1.90 Target
• Wilmar Started At Hold By Daiwa; S$3.46 Target
• First Resources Started At Buy By Daiwa; S$0.47 Target
• Indofood Agri Started At Buy By Daiwa; S$0.94 Target
• Golden Agri-Resources Started At Buy By Daiwa; S$0.39 Target
• Kencana Agri Started At Outperform By Daiwa; S$0.16 Target
• Deutsche Bank Launches Four ETFs On The Singapore Exchange. The funds include the S&P 500 Short ETF. The other ETFs are MSCI Taiwan TRN Index ETF, FTSE/Xinhua China 25 ETF and the S&P CNX Nifty ETF.
• Japan Foods Likely To Fall On SGX Debut at S$0.20 each
• Singapore PM: 2009 GDP Could Contract More Than 5% - Report
• Neptune Orient Target Raised To S$1.14 Vs S$0.96 -Phillip Sec
• Singapore Jan CPI Likely +2.5%; Price Pressures Ease