DJIA 10,321.03 (-53.13)

• S'pore Property Stocks Face Policy Risk - FOCUS
• Singapore Property Curbs Hint At More Cooling To Come
• Singapore January Manufacturing Surges At Record Pace Of 39.4%
• STI Off 0.1%; 2727 Floor; UOB Fails To Inspire
• Li Heng Chemical Target Raised To S$0.34 From S$0.30 By OCBC
• Allgreen Off 0.9%; S-REITs Better Bets - Citi
• S'pore Jan Manufacturing Likely +10.3% On-Yr -Poll
• Indofood Agri Raised To Overweight From Equalweight By MS
• STI Likely Down; Concerns Over US Job Mkt, Greece
• Sembcorp Industries Target Raised To S$4.81 From S$4.43 By UBS
• Sembcorp Indus Target Raised To S$4.25 From S$3.85 By Nomura
• Armstrong Industrial Target Raised To S$0.37 Vs S$0.325 By DMG

DJIA 10,374.16 (+91.75)

• Asian Shares Mixed; Exporters Struggle In Tokoyo
• DBS Vickers Cuts Hyflux To Hold; S$3.70 Target
• Citi Raises STX Pan Ocean To Buy; S$18.40 Target
• Straits Asia Down 1.9%; Selling Prices To Fall-Credit Suisse, which has Underperform rating and S$1.50 target price
• Hi-P International Target Cut To S$0.66 From S$0.725 By DMG
• City Developments Executive Chmn: Mid,Low-End Property Close To Hitting Peak
• Yanlord: FY2009 Net Profit Attributable To Shareholders Jumps 44.1% To S$325.4 Million On Continued Demand For The Group's Quality Developments
• Sands Plans Debt Refinance, Pins Hopes On Singapore -Reuters
• Ying Li Intl Target Cut To S$0.655 From S$1.15 By Phillip Sec
• Hyflux Target Raised To S$4.19 From S$3.61 By OCBC
• Straits Asia Target Cut To S$1.73 From S$2.49 By OCBC

DJIA 10,282.41 (-100.97)

• Hong Kong: Reduce 75% Of Salaries Tax And Tax Under Personal Assessment For 2009-10, Capped At $6,000. This Will Cost $4.5 Billion.
• Broadway Indus +4.7% at S$0.895; Prospects Sound -Analysts
• Macarthur Coal Profit Tumbles, Confident On Prices
• Neptune Orient Target Raised To S$2.00 From S$1.50 By Nomura
• UOB Starts Tiger Airways At Sell, S$1.07 Target
• China XLX Fertiliser Target Raised To S$0.54 Vs S$0.45 By DBSV
• Las Vegas Sands: Marina Bay Sands Resort To Open On April 27
• Yangzijiang Target Raised To S$1.50 From S$0.74 By DB
• ST Engineering Target Raised To S$3.24 From S$3.00 By Daiwa
• Hi-P May Fall; 4Q Profit Tanks, Warns Of 1Q Loss
• USD/SGD May Get As High As 1.4170 In Asia -Dealer
• UOL Group Target Raised To S$5.25 From S$4.55 By OCBC

DJIA 10,383.38 (-18.97)

• First Resources Target Raised To S$1.26 From S$1.16 By DBSV
• Koh Brothers: Reports Net Profit Of S$10.7 Million For FY2009
• Sembcorp Marine Target Raised To S$4.95 Vs S$2.91 By Kim Eng
• Yangzijiang May Outperform; 4Q Results Good - OCBC
• Cosco's Weak Outlook May Restrain Share Price
• Cosco Corp Target Cut To S$0.19 From S$0.21 By BNP Paribas
• SembMarine Target Raised To S$3.00 From S$2.63 By Daiwa
• SembMarine Target Raised To S$4.51 From S$4.06 By BNP Paribas
• SembMarine Target Raised To S$4.90 From S$4.25 By Deutsche
• STI May Retreat; Higher Labor Costs May Weigh

DJIA 10,402.35 (+9.45)

• Genting Singapore Target Cut To S$1.23 From S$1.50 By CIMB
• MS Ups OCBC Target To S$$7.80; Keeps Underweight

DJIA 10,392.90 (+83.66)

• Fitch Assigns Final 'BBB-' Rating to Noble Group's USD400m Senior Notes Due 2020
• Singapore's OCBC 4Q Net Up 67%; Beats Expectations
• Asian Shares Mostly Lower; Cautious After Fed Move
• ST Engineering Target Raised To S$3.02 From S$2.55 By OCBC
• STI Down 0.8%; Wall Street Reaction To Fed Eyed
• S'pore Airlines Target Raised To S$17.80 From S$14.40 By Macq
• Singapore 4th-Quarter GDP Contracts Slower Than Initial Estimates
• USD/SGD Likely To Hold 1.408-1.418 Range In Asia

DJIA 10,309.24 (+40.43)

• Ascendas REIT Raised To Outperform From Underperform By CLSA
• Singapore 4Q GDP Likely Fell 5.2% On Quarter Annualized
• China Fishery +2.2% at S$1.84; Oslo Listing Positive-DMG
• China Hongxing Off 2.9%; Warns Of Lower 4Q Profit
• S'pore Jan New Home Sales Higher Than Expected-DB
• Ho Bee: Full-Year Net Profit Posted A Record High Of S$337M, Up 262% From The Preceding Year.
• CH Offshore: Establishment Of Joint Venture Company
• Metro: Reports Strong Net Profit Of S$15.5 Million For 3QFY2010.
• SembMarine May Edge Up On S$130M Of Contract Wins
• STI May Seesaw But Uptrend Intact - AmFraser

DJIA 10,268.81 (+169.67)

• Tat Hong May Slip; 3Q Disappointing - Citigroup
• UBS Downgrades SingTel To Neutral; S$3.28 Target
• STI Likely To Rise On US Lead; 2800 Resistance

DJIA 10.144.19 (+105.81)

• FJ Benjamin +7.8% at S$0.275; Recovery On Track - Kim Eng
• Olam +4.2% at S$2.48; Laggard Run Is Buying Chance - OCBC
• USD/SGD May Gain In Asia As EUR Eases
• Cosco Corp Target Raised To S$0.80 From S$0.70 By Nomura
• Sembcorp Ind Target Raised To S$3.85 From S$3.38 By Nomura
• Yangzijiang Target Raised To S$0.75 From S$0.48 By Nomura
• Olam May Rise; Executed Well In 2Q10-Macquarie Outperform call with S$3.10 price target
• F&N May Rise On Strength In Ppty, F&B Ops
• STI May Edge Up On Greece Hopes,US Jobs; 2772 Cap
• AusGroup Cut To Hold From Buy By OCBC; S$0.60 Target
• Neptune Orient Lines Target Raised To S$1.70 Vs S$1.10 By JPM
• Neptune Orient Lines Target Cut To S$2.00 From S$2.20 By CS

DJIA 10,038.38 (-20.28)

• CapitaLand CEO: No Bubble In China Property Market Yet
• ComfortDelGro Flat; Lacks Catalysts - CIMB
• China Animal Healthcare Raised To Buy Vs Accumulate - AmFraser
• CapitaLand 4Q Net Profit S$885.7M Vs Net S$78M; S$641.4M Expected
• SingTel Target Raised To S$3.10 From S$2.86 By Goldman
• Great Eastern Target Raised To S$16.40 From S$15.41 By CS
• Lippo-Mapletree Target Raised To S$0.59 From S$0.48 By OCBC
• STI May Lack Firm Direction; 2700-2772 Range

DJIA 10,058.64 (+150.25)

• Khazanah Buys 10% Stake In Raffles Education Unit For CNY300 Million
• Temasek's Charles Ong To Lead New Investment Company - Source
• Singapore Stks Unlikely To Rally Ahead Of Budget
• Goodpack Target Raised To S$1.85 from S$1.44 By DMG
• Temasek Planning To Set Up Separate Investment Company - Source
• Frasers Commercial Trust To Offer S$116.8M Convertible Perpetual Units
• STI Likely To Extend Gains; 2772 First Resistance

DJIA 9,908.39 (-103.84)

• Singapore Straits Times Index Reverses Fall; +0.2%
• Peter Seah May Be Named DBS Group Chairman By April - Report
• Sembcorp Marine Target Cut To S$3.31 From S$3.74 By DMG
• STI Likely Lower On US Lead; SingTel,Keppel Eyed

DJIA 10,012.23 (+10.05)

• Asian Shares Mostly Down; Europe Debt Concerns Weigh
• Genting Faces Downside Risk On Casino Opening -GS
• Genting Singapore Receives Casino Licence For Resorts World
• Wing Tai Holdings Target Raised To S$2.01 From S$1.77 By CIMB
• China Hu An Cable Opens At S$0.405 On SGX Debut Vs S$0.42 IPO
• StarHub Target Raised To S$2.25 From S$2.09 By CLSA
• Singapore Airlines Target Raised To S$17.50 From S$16.70 By CS
• Singapore Airlines Target Raised To S$17.30 From S$17 By MS
• DBS Group Target Raised To S$20.60 From S$17.75 By UOB KayHian
• DBS Target Cut To S$17.40 From S$17.70 By Kim Eng
• China Hu An Cable May Rise; IPO 1.62X Subscribed may head above S$0.42 IPO price
• Genting Unlikely To Get Big Lift From License
• STI May Drift; Europe Jitters Weigh;2,650 Support

DJIA 10,002.18 (-268.37)

• DMG Upgrades SATS To Buy, Ups Target To S$3.07
• Starhub Off 1.8% at S$2.13; SingTel Threat Looms - Analysts
• Swiber May Outperform; Secures US$117.5M Contract
• Sembcorp Marine Target Raised To S$3.45 From S$3.20 By UOB KH
• Singapore Airport Target Raised To S$3.07 From S$2.63 By DMG
• Genting Singapore Target Raised To S$0.89 From S$0.82 By UBS
• Keppel Corp, Ezra, PetroVietnam Transportation, EOC In JV
• DBS Likely Down Despite Firmer 4Q09 On-Year
• STI Set To Slide On Europe Debt, US Job Concerns

DJIA 10,270.55 (-26.30)

• SembMarine Trims Losses; To Build New Brazil Yard
• Indofood Agri Offers Buying Opportunity - GS
• First Resources Target Raised To S$1.40 From S$1.30 By Citi
• Asia Environment Target Cut To S$0.23 Vs S$0.47 By DBS Vickers
• Wilmar Target Raised To S$6.48 From S$6.06 By Citi
• Straits Asia Resources Target Raised To S$1.50 Vs S$1.25 By CS
• CapitaMalls Asia Target Cut To S$2.59 Vs S$2.66 By CS
• SingTel Target Raised To S$3.40 From S$3.05 By JPMorgan
• Parkway Holdings Target Raised To S$3.50 From S$3.00 By UBS
• Raffles Education Target Cut To S$0.60 From S$0.70 By CS
• Raffles Education Target Cut To S$0.42 From S$0.51 By Kim Eng
• CapitaMalls Asia Target Cut To S$2.28 From S$2.77 By CIMB
• Indofood Agri Added To Conviction Buy List By Goldman Sachs
• Wilmar Removed From Conviction Buy List By Goldman Sachs
• USD/SGD Upside Likely Limited At 1.4150
• Raffles Education Target Cut To S$0.37 From S$0.60 By OCBC

DJIA 10,896.85 (+111.32)

• Ezra +5.3% at S$2.18; Value Emerging From Recent Fall -OCBC
• SGX +1.3% at S$7.93; Volume,Margin Trends Improve - JPM
• Straits Asia Resources Target Raised To S$3.90 Vs S$3.10 - UBS
• CapitaMalls Asia 4Q Net Profit S$170 Million
• MobileOne Target Raised To S$2.26 From S$2.00 By Macquarie
• Neptune Orient Lines Target Raised To S$1.63 Vs S$1.48 By OCBC
• USD/SGD Lower On Risk Appetite; 1.4000 Support
• Sin Heng Machinery Opens At S$0.335 On SGX Debut Vs S$0.26 IPO
• Singapore Airlines Target Raised To S$15.90 Vs S$15.00 By CIMB

DJIA 10,185.53 (+118.20)

• SATS +2.8%; Play On Aviation Recovery - BNPP
• Far East Organization: Chairman Ng Teng Fong Died Tuesday
• Wilmar May Seek Shanghai Listing In 2012 - BoA
• Epure Target Raised To S$1.20 From S$1.10 By DBS Vickers
• KepCorp +1.4%; Landmark Contract Win For JV -UBS
• K-REIT Asia Target Raised To S$1.41 From S$1.20 By Nomura
• Suntec REIT Target Raised To S$1.38 From S$1.13 By Nomura
• Riverstone Holdings Target Set At S$0.73 By Phillip Sec
• Z-Obee May Edge Up; Gets SGX Nod For HK Listing
• CWT Limited Target Raised To S$1.23 From S$1.08 By Kim Eng
• STI +0.8%; Hopes Of Mini-Rally In Feb -AmFraser
• Nomura Upgrades Keppel Land To Buy; S$3.93 Target
• Singapore Stock Market Yet To Peak - CIMB
• S'pore Banks' 4Q Results May Surprise On Upside-GS
• Wilmar's Dropped HK IPO Only Small Negative -GS

STIndex February 2010

26 Feb 2010: 2,750.86 (+1.71)
25 Feb 2010: 2,749.15 (-12.99)
22 Feb 2010: 2,757.46 (+0.32)
19 Feb 2010: 2,757.14 (-12.05)
18 Feb 2010: 2,769.19 (-24.87)
16 Feb 2010: CNY
15 Feb 2010: CNY
12 Feb 2010: 2,753.63 (+19.24)
09 Feb 2010: 2,734.39 (-10.63)
08 Feb 2010: 2,693.62 (+10.06)
05 Feb 2010: 2,683.56 (-61.42)
04 Feb 2010: 2,744.98 (-19.86)
03 Feb 2010: 2,764.84 (+43.97)
02 Feb 2010: 2,723.63 (-12.54)
01 Feb 2010: 2,736.17 (-9.18)

DJIA 10,067.33 (-53.13)

• DBSV Raises Kencana Agri To Buy; S$0.37 Target
• Biosensors Target Raised To S$0.90 Vs S$0.80 By Credit Suisse
• Wilmar: No Current Intention To List China Business
• China Milk Down 4.8% at S$0.295; Cautious On CFO Exit-DMG
• Biosensors +4.4% at S$0.835; France To Help Sales -Nomura
• Hiap Tong Corp Started At Buy, S$0.40 Target By CIMB
• CWT May Rise; More Details Of REIT Listing Plan
• SingTel Target Raised To S$3.50 From S$3.15 By DBS Vickers
• STI Likely Down As Market Downside Risks Linger
• Hyflux Target Raised To S$3.70 From S$3.25 By Nomura
• CDL Hospitality Target Raised To S$2.32 From S$2.19 By UBS
• CapitaLand Target Raised To S$5.05 From S$4.75 By UBS
• Cambridge Ind Trust Target Raised To S$0.53 Vs S$0.45 By CLSA
• Singapore Post Target Raised To S$1.12 From S$0.98 By Kim Eng