DJIA 7,888.88 (-381.99)

• Celestial Off 3.0% at S$0.325; Refinancing Fears Weigh
• Singapore Banks' 4Q Net Seen Down As Recession Hits
• Synear Food Dn 3.7% at S$0.26; FY08 Earnings Concerns Weigh
• Starhub Target Raised To S$2.20 Vs S$2.08 By DBS Vickers
• Kim Eng Starts Ascott REIT At Buy; S$0.77 Target
• CapitaMall Trust Target Cut To S$1.21 From S$2.07 By CS
• Singapore Telecom Target Cut To S$2.92 Vs S$3.03 By Merrill
• U.S. Stocks Fall After Treasury Plan Disappoints
• SIA May Fall; 3Q09 In Line But Outlook Poor - GS
• Neptune Orient Lines Target Cut To S$0.90 Vs S$1.00 By Nomura
• CapLand Target Cut To S$2.56 Vs S$5.18 By Daiwa; Keeps Hold
• StarHub May Outperform; 4Q Beat Forecast - JPM
• SingTel Target Cut To S$2.63 From S$3.52 By HSBC; Neutral