DJIA 6,930.40 (+3.91)

• Olam +3.4% at S$1.23; Growth Eyed Resilient Amid Downturn
• S'pore Banks Cheap, Balance Sheets Strong -UBS
• Citigroup Cuts Raffles Education Target To S$0.40
• Credit Suisse reiterates Outperform call with unchanged S$1.15 target price
• Ferrochina: No Updates On Creditors' Plan To Reorganize Units
• Ferrochina: Fincl Chief Resigns To Pursue Other Opportunities
• Raffles Education Resumes Trade; Opens Down 12.7% At S$0.275
• Raffles Education Downgraded To Neutral Vs Outperform By CIMB
• Sino-Environment Opens Down 49.2% At S$0.15
• Noble Group Started At Outperform, S$1.50 Target By CIMB
• Raffles Education: Could Write Off S$34.6M If Oriental Fails. Have 29.9% Stake In Oriental Century
• Olam Intl Started At Buy, S$1.37 Target By OCBC
• Keppel Land May Fall As Market Awaits STI Changes
• Raffles Education Seeks Trading Halt Pending Announcement. Oriental Century: Former CEO Inflated Sales, Cash Balance
• ST Engineering Target Cut To S$2.70 From S$3.60 By Kim Eng