DJIA 10,120.46 (-115.70)

• Keppel Land Target Raised To S$3.84 From S$3.14 By DMG
• OCBC Raises SIA Engineering Target To S$3.19
• OCBC Completes ING Asia Private Bank Acquisition, Renames It Bank Of Singapore
• STI Off 1.2%; Earnings Season Disappointing -BNP
• Ezra Target Raised To S$2.91 From S$2.39 By DMG
• Equities Bear Market May Have Started -MS
• Biosensors May Gain; 3rd Straight Profitable Qtr
• Cambridge Indus Target Raised To S$0.48 Vs S$0.41 -Phillip Sec
• SIA Engineering Target Raised To S$3.19 From S$2.75 By OCBC
• STI Likely To Fall On US Lead; 2706 Support

DJIA 10,236.16 (+41.97)

• DBSV Upgrades Cambridge Industrial Trust To Buy raises target to S$0.54 from S$0.49
• OCBC Ups Midas Holdings Target To S$1.30; Buy
• Indofood Agri Target Raised To S$3.41 From S$2.14 By RBS
• RBS Raises Yanlord Target To S$3.00 From S$2.76
• CDL Hospitality Target Raised To S$1.32 From S$1.20 By Citi
• DnB NOR Ups Keppel Corp To Hold; S$8.50 Target
• Tiger Airways CEO: Remain Focused On Organic Growth
• STI +1.3% at 2,741.97; Commodity,Offshore Plays Lead Bounce
• OCBC Target Raised To S$10.00 From S$6.80 By RBS
• UOB Target Raised To S$22.00 From S$17.00 By RBS
• Golden Agri Target Raised To S$0.43 From S$0.40 By Daiwa
• Singapore Had Established US$30 Billion Swap Line With US Fed In Oct 2008
• Genting Singapore Target Cut To S$0.76 From S$0.80 By Citi
• KepCorp's First Rig Order In 2010 May Help Stk
• Yanlord Land Target Raised To S$3.00 From S$2.76 By RBS
• Midas Holdings Target Raised To S$1.30 From S$1.05 By OCBC
• Wilmar Target Raised To S$8.00 From S$7.40 By BNP Paribas
• STI May Rebound On US Lead; 2750 Resistance

DJIA 10,194.29 (-2.57)

• UOB KH Ups Keppel Corp To Hold; S$8.40 Target
• STI +0.4%; May Get N/T Relief From HSI - DBSV
• CWT Limited Target Raised To S$1.19 From S$0.82 By DMG
• Asian Shares Mostly Down; S&P/ASX Slips To 6-Week Lows
• Genting Singapore Target Cut To S$1.20 From S$1.30 By DBSV
• Eyes On SMRT Expenses, Outlook In 3Q Results Later
• Keppel Corp +2.2% at $8.27 But Caution Still Prevalent
• Otto Marine Down 7.3% After Share Placement
• Ryobi Kiso Opens At S$0.29 On SGX Debut Vs S$0.26 IPO Price
• Keppel Corp May Rise On Higher Dividend Payout. Company proposing final dividend of S$0.23/share (vs S$0.21/share year earlier), as well as distribution in specie (equivalent to S$0.23/share) in units of K-Green Trust: a business trust owning group's infrastructure assets which will be listed on SGX by 2Q09 by way of introduction
• Suntec REIT Target Raised To S$1.40 From S$0.77 By CS
• Any STI Downside May Be Limited After Tue Tumble

10,196.86 (+23.88)

• Frasers Centrepoint Trust Issue Price At S$1.29-S$1.33/Unit. Frasers Centrepoint Trust To Privately Place 137M Units
• Nomura Ups Raffles Medical Target To S$1.66
• STI Extends Loss; 2729 Support If 2750 Gives Way
• S'pore '09 GDP May Revise To 1.9% Fall -StanChart
• Genting Singapore Off 5.0%; Share Conversion Eyed
• UBS Ups Hong Kong Exchanges Target To HK$128
• OCBC Upgrades Keppel Land To Buy; S$3.86 Target
• JPM Upgrades Wilmar To Overweight; S$9.00 Target
• Suntec REIT Target Raised To S$0.88 From S$0.80 by Macquarie
• DBS Target Cut To S$17.75 Vs S$18.90 By UOB KayHian
• NOL May Rise; Pace Of Freight Rate Fall Slower
• Frasers Centerpoint Trust Requests Trading Halt Pending Announcement
• Ascendas India Target Raised To S$1.05 From S$0.95 By Citi
• STI May Edge Up Cautiously; 2850 Resistance

DJIA 10,172.98 (-216.90)

• China Sports Down 7.1% at S$0.195 After Share Placement at S$0.18
• BNP Paribas Raises Golden Agri Target To S$0.75
• Fraser & Neave +3.0% ay S$4.41 Ahead Of Dividend Payout, as investors buy ahead of S$0.105/share final dividend to be given Feb. 12 (ex-date Feb. 1) for FY ended September
• Tiger Airways Flat; Aid From Price Stabilization
• MS Raises Singapore Airlines Target To S$17.00
• Pacific Andes +4.5% On Hopes For Dual Listing
• Singapore December Manufacturing Likely Up 9% On Year
• Ying Li +0.9% at S$0.585; Dilution Woes Likely Priced In
• Ascendas India May Slip; Valuation Stretched-JPM
• CapitaMall Trust Target Raised To S$1.94 Vs S$1.69 By CS
• STI Likely Lower On US Cue; 2750 Next Key Support

DJIA 10,389.88 (-213.27)

• S'pore Banks' 4Q Profit May Fall 20.6% Q/Q - Macq
• DMG Raises China Fishery To Buy; S$2.40 Target
• UOB Upgrades People's Food To Buy; S$0.76 Target
• S'pore Telcos Outperform; RBS Raises SingTel target price to S$3.11 from S$3.08; keeps Hold. Raises M1 target price to S$2.60 from S$2.35; maintains Buy rating. Raises StarHub target price to S$2.45 from S$2.20; maintains Buy call
• STI Down 1.5%; Support At 2769, If 2800 Gives Way
• Straits Asia Target Cut To S$2.00 From S$2.20 By Goldman
• MobileOne Target Raised To S$2.60 From S$2.35 By RBS
• Ying Li International Real Estate Prices S$200M Convertible Bond
• Tiger Airways May Rise Only Slightly On Debut only marginally above S$1.50 IPO price
• Genting Singapore Started At Sell, S$0.80 Target By Citi
• Pacific Andes Resources Target Raised To S$0.40 Vs S$0.31-OCBC

DJIA 10,603.15 (-122.28)

• Nomura Raises NOL Target To S$1.50 From S$1.10
• Genting Off 0.8%; Room For Disappointment - CS
• China Fishery, Pacific Andes Up On Oslo Listing
• More S-Chips Likely Eyeing Dual Listings - DB
• Ascott REIT 4Q DPU +11%, But May Slip With Market
• STI Movement Likely To Hinge On China Econ Data
• Suntec REIT Target Raised To S$1.15 From S$1.00 By JPMorgan
• K-REIT Asia May Edge Up; 4Q Occupancy, Rents Up
• Swiber Holdings: Got US$188.8 Million Contract
• US Dollar Last Quoted At S$1.4002 Vs S$1.3951 In Asia Late Wednesday
• China Fishery Likely Up; Seeks Listing In Oslo

DJIA 10,725.43 (+115.78)

• CapLand Buy Shows Faith In China Ppty View-Taifook
• Temasek May Invest Around US$170M In GMR Energy - Source
• CapitaCommercial Trust 4Q DPU 1.88 Singapore Cents
• MobileOne May Edge Up; 4Q Beat Forecasts - Nomura Target Raised To S$2.30 From S$2.10
• KLCI +0.3%; Finance Stocks Lead; 1310 Target-CIMB
• STI +0.4% On US Cue; Commodity Plays,CapLand Lead

DJIA - holiday

• CCT Shares flat at S$1.17, having fallen 0.8% ; Use Of Sale Proceeds Key - JPMorgan
• Singapore Exchange Target Cut To S$9.90 From S$10.10 By CS
• Exit Upstream Palm Plays On CPO Strength - Nomura
• Wing Tai Target Raised To S$1.88 From S$1.63 By Macquarie
• Suntec REIT Target Raised To S$1.43 From S$1.26 By Deutsche
• Berlian Laju May Rise On US$90M Charter Contract
• CapLand May Rise; China Buy Positive Catalyst -JPM
• USD/SGD Lower; Likely In 1.3850-1.3900 Range
• STI Likely To Track Region Cues,Corporate Results

DJIA 10,609.65 (-100.80)

• DMG Ups Pan Hong Property Target 30.8% To S$0.85
• Asian Shares Mostly Lower On Wall Street Weakness
• S'pore Property Sales To Remain Weak In 2010-BNP
• GIC: Global Growth To Be Uneven;Emerging Markets To Perform Strongly. Recovery Could Surprise On Upside For Next Few Quarters
• CapitaCommercial Trust To Sell Building For S$200 Million -Report
• Citi Ups Singapore Airlines To Buy; Target S$16.10
• STI Off 0.1%; Indicators Negative Short Term-CIMB
• Goldman Ups Keppel Corp Target To S$9.80 Vs S$9
• Tiger Airways IPO Priced At S$1.50 Per Share - Source

DJIA 10,710.55 (+29.78)

• Z-Obee Off 5.9% at S$0.24 After Change In HK Listing Plan
• Yanlord Land Off 2.9% at S$2.03; China Tightening Weighs
• Singapore Dec Exports Likely +22.6% On-Year -Poll
• CLSA Raises Ezra Target To S$3.00; Keeps Buy
• STI +0.1%;Mood Cautious, Market May Drift-AmFraser
• Genting Singapore's Casino May Open By Feb -RHB Rates at Outperform with S$1.35 target.
• Asian Shares Mostly Up; Intel Results Lift Tech Plays
• OCBC Raises CapitaLand Target To S$4.95;Keeps Buy
• Temasek Could Issue Additional US$2B-US$3B In Bonds -Sources
• Singapore Exchange Target Raised To S$9.90 From S$9.50 By DB
• K-REIT Asia Target Raised To S$0.70 From S$0.61 By Citi
• HL Finance Target Raised To S$3.67 From S$3.24 By Macquarie
• STI May Open Up; Resistance At 2947
• Ezra May Rise On 1Q Result, Subsea Contract
• CapitaLand Target Raised To S$4.95 Vs S$4.15 By OCBC
• Financial One May Gain; Unit May List In Taiwan

DJIA 10,680.77 (+53.51)

• Oceanus Growth Plans Not Easy To Fulfill -Daiwa
• SingTel Plans To Float Part Of Optus As Early As 1H. SingTel Hopes To Raise A$4B From Optus IPO-Sources
• Australia Ends Antidumping Duty On Indonesia Toilet Paper -Report
• Singapore Press Hldgs Target Raised To S$4.33 Vs S$4 By DBSV
• Yanlord Land +0.9%; Hainan Land Cost "Rich" - JPM
• CIMB Ups Genting Singapore Target 20.0% To S$1.50
• USD/SGD Likely To Fall On Improved Sentiment
• STI +0.8%; Back Above 2900, 2947 Next Resistance
• Genting Singapore Target Raised To S$1.50 Vs S$1.25 By CIMB
• Yanlord's CNY2.1B Tourism Foray Long-Term Positive
• STI Likely Higher; First Resistance At 2900
• JPM Eyes Strong S'pore Bank Revenue Growth In '10
• SMRT Target Raised To S$2.26 Vs S$2.09 By SMRT

DJIA 10,627.26 (-36.73)

• Kim Eng Ups Keppel Land Target To S$4.45; Buy
• DMG Starts Marco Polo At Buy; S$0.745 Target
• Singapore En Bloc Property Sales To Pick Up - UOB
• CS Raises Neptune Orient Lines Target To S$2.20
• CS Ups Olam Target To S$3.50 On Wheat Acquisition
• Olam Target Raised To S$3.24 Vs S$3.08 By DMG
• Straits Asia Resources Target Raised To S$3.35 Vs S$2.89 -DBSV
• CapitaMall Trust Target Raised To S$1.94 Vs S$1.68 By Goldman
• Frasers Centrepoint Target Raised To S$1.65 Vs S$1.47 By UBS
• Lian Beng May Rise; 1H10 Net Profit +28.6%
• Otto Marine Started At Buy, S$0.58 Target By Phillip Sec
• STI May Slip On US Earnings Jitters; 2886 Support

DJIA 10,663.99 (+45.80)

• STX Pan Ocean To Spend US$203M On Six Vessels In 2010
• Cosco Off 0.7% at S$1.36 But Technicals Still Strong -OCBC
• Golden Agri Down 3.1%; CPO Prices May Ease - JPM
• S'pore Commodity Plays Driven By Earnings -Nomura
• Go For S'pore High-End Property, Office Plays-CIMB
• CS Raises Parkway Holdings Target To S$3.80
• CLSA Upgrades Noble To Buy; S$4.00 Target
• Olam +1.8% at S$2.76; Nigeria Acquisition Accretive - JPM
• Olam May Slip, Tracking Mkt Despite Acquisition OCBC Keeps Buy rating, S$3.33 target price.
• SingTel Target Cut To S$3.10 From S$3.65 By Morgan Stanley
• Keppel Land Target Raised To S$4.27 Vs S$3.63 By CIMB
• Ho Bee Target Raised To S$2.24 Vs S$1.95 By CIMB
• Neptune Orient Lines Target Raised To S$2.60 Vs S$1.60 -CIMB

DJIA 10,618 (+11.33)

• Hong Leong Asia Restarted At Buy, S$4.08 Target By DBS Vickers
• Frasers Centrepoint Target Raised To S$1.49 Vs S$1.30 By OCBC
• China Sports Target Raised To S$0.35 Vs S$0.26 By DBS Vickers
• Parkway Hldgs Target Raised To S$3.19 Vs S$2.37 By Macquarie
• Singapore Exchange Target Cut To S$8.60 From S$8.88 By GS
• China Taisan Tech Started At Buy, S$0.36 Target By UOB KH
• JPMorgan Raises Frasers Centrepoint Trust Target To S$1.65

DJIA 10,606.86 (+33.18)

• Novo +20.5%; Dual Listing Theme In Vogue - DBS
• Frasers Centrepoint Target Raised To S$1.61 Vs S$1.32 By Citi
• Kim Eng Lifts Indofood Agri Target To S$2.82
• Frasers Centrepoint Trust Down 1.4%; In Tight Band
• Technics Oil & Gas Started At Buy, S$0.67 Target By CIMB
• Sino Grandness Started At Buy, S$0.62 Target By UOB KayHian
• Fraser & Neave Target Raised To S$5.01 Vs S$4.72 By CIMB
• Indofood Agri Target Raised To S$3.00 From S$2.20 By Goldman
• Wilmar Target Raised To S$8.90 From S$7.90 By Goldman Sachs
• Frasers Centrepoint May Slip On DPU Dilution DMG, which has Buy call with S$1.66 target
• Novo Group Likely Up; Seeks Dual Listing In HK
• STI May Open Higher, But Pullback Possible
• China XLX Fertiliser Target Raised To S$0.72 Vs S$0.38 By CIMB

DJIA 10,573.68 (+1.66)

• NOL +4.0%; DB Upgrades To Buy On Recovery Hopes
• PEC Ltd Target Raised To S$1.00 Vs S$0.88 By DBS Vickers
• Golden Agri-Resources Target Raised To S$0.69 Vs S$0.57 - CIMB
• China Sunsine Target Raised To S$0.34 Vs S$0.18 By Phillip Sec
• UOB Target Raised To S$23.00 Vs S$19.70 By Phillip Sec
• Neptune Orient Lines Raised To Buy From Hold By Deutsche Bank
• Epure Likely To Gain; Plans Dual Listing In HK
• Genting Singapore Cut To Hold From Buy By BNP Paribas
• CapitaMalls Asia Started At Hold By Deutsche Bank
• CSE Global Target Raised To S$1.25 From S$0.98 By BNP Paribas
• PEC Likely To Rise On US$174.5M Contract
• STI May Edge Up; Dual Listing Theme In Focus
• Indofood Agri Target Raised To S$2.75 Vs S$2.25 - CIMB

DJIA 10,572.02 (-11.94)

• UOB To Sell Life Assurance Arm To Prudential For S$428M
• Straits Asia Resources Target Raised To S$3.10 Vs S$2.50 - UBS
• CapLand Off 0.5% at S$4.26; Pft-Taking Despite Good Launch
• United Overseas Bank Resumes Trade; Up 1.1% At S$19.84
• China Milk Products Target Cut To S$0.39 Vs S$0.47 By DMG
• Mermaid Maritime Target Cut To S$1.30 Vs S$1.80 By Macquarie
• ST Engineering Target Raised To S$3.80 Vs S$3.30 By DBSV
• Prudential To Ink $430 Mln Deal With Singapore's UOB - FT
• Changjiang Fertiliser Started At Buy, S$0.42 Target By UOB KH
• USD/SGD Higher; Resistance Put At 1.4020
• Oceanus Group Cut To Hold From Buy By OCBC
• STI May Slip But N/T Interest Likely Intact
• United Engineers Target Raised To S$2.83 Vs S$2.15 By CIMB
• Genting S'pore's Resort Opening Disappoints - GS

DJIA 10,583.96 (+155.91)

• Westcomb Starts China Kunda Technology At Buy with S$0.36 target price
• Parkway Holdings Target Raised To S$3.40 From S$2.85 By Citi
• USD/SGD Lower; Support At 1.3900
• STI Likely To Head Above 2900 On US Lead

STIndex January 2010

29 Jan 2010: 2,745.35 (-12.33)
28 Jan 2010: 2,759.34 (+53.08)
27 Jan 2010: 2,706.26 (-34.07)
26 Jan 2010: 2,740.33 (-71.38)
25 Jan 2010: 2,811.71 (-8.00)
22 Jan 2010: 2,819.71 (-31.27)
21 Jan 2010: 2,850.98 (-42.15)
20 Jan 2010: 2,893.13 (-19.79)
15 Jan 2010: 2,908.42 (-1.10)
11 Jan 2010: 2,933.53 (+10.77)
08 Jan 2010: 2,922.76 (+9.51)
06 Jan 2010: 2,926.39 (+6.11)
04 Jan 2010: 2,894.55 (-3.07)

DJIA 10,428.05 (-120.46)

• CIMB Cuts Tiong Woon To Neutral; S$0.73 Target
• Genting Singapore Down 0.8% at S$1.29; Junket Rules Hurt -GS has Sell call with S$0.68 target
• Hyflux Off 0.9%; Istithmar World Files Summons
• STI Off 0.2%, But Near-Term Uptrend Intact -DMG