DJIA 10,340.69 (-107.24)

• CapitaMalls Asia Target Raised To S$2.65 From S$2.10 By Daiwa
• CapitaLand Target Raised To S$4.55 From S$4.11 By Daiwa
• CLSA Cuts Olam Target To S$1.94, Keeps Sell
• Ezra Target Cut To S$2.20 From S$2.54, Kept At Buy By DMG
• CapitaMalls Asia Raised To Overweight From Neutral By JPM
• Singapore Telcos May Bid Aggressively For 3G -MS
• STI Off 0.8%;But Europe Bank Concern Overdone-NRA
• Kim Eng Starts Ho Bee At Buy, S$1.91 Target
• Yangzijiang Down 0.6% at S$1.67; No Boost From TDRs

DJIA - holiday

• Olam Started At Overweight, S$3.41 Target By HSBC
• USD/SGD Up On Euro Weakness, 1.3500 Cap Tipped
• Singapore Air CEO Chew Choon Seng To Become SGX Chairman
• Tender Win Unlikely To Boost CapitaLand, CMA
• STI May Open Tad Lower After Mon's New 2010 High

DJIA 10,447.93 (+127.83)

• SIA +1.2% at S$15.78; No Big Changes From New CEO - Analysts
• CWT +3.9% at S$0.945; Candidate For Privatization - Kim Eng
• Nomura Ups CityDev To Neutral; S$12.26 Target
• Genting HK +4.8% at USD0.44; Earnings Growth Priced In - UOB House reviewing Buy call, US$0.31 target

Closing STI Index - Sep 2010

08 Sep: 3,011.42 (-24.67)
03 Sep: 3,002.56 (+15.90)

DJIA 10,320.10 (+50.63)

• Daiwa Upgrades Ascott Residence To Outperform Keeps target price at S$1.38.
• Citi Cuts UOB To Sell, Lowers Target To S$17.80
• Citi Cuts OCBC To Sell, Lowers Target To S$8.40
• Super: TDR Will Trade At A Premium Of 24.3% To Its Mother Share.
• Citi Cuts DBS To Hold, Lowers Target To S$14.40
• Genting Hong Kong +11.7% at S$0.335; Eyes On Manila Gaming
• Golden Agri-Resources: Government Of Liberia And Golden Veroleum To Form Partnership In US$1.6 Billion Sustainable Palm Oil Project.
• Cosco Flat, Pares Gains; Valuations Rich -Nomura

DJIA 10,269.47 (254.75)

• China Minzhong Food Started At Outperform, S$1.52 Target -CIMB
• Renewable Energy Asia Started At Buy, S$0.50 Target By Kim Eng
• DBS Target Raised To S$16.00 From S$15.30 By Nomura
• Yangzijiang, Keppel Land May Join STI - Nomura
• Singapore Straits Times Index Opens +0.8% At 3007.66

DJIA 10,014.72 (+4.99)

• Starhub Target Raised To S$2.65 From S$2.17 By Daiwa
• Ascendas REIT Target Raised To S$2.55 From S$2.00 By RBS
• Yangzijiang Shipbuilding Fixes TDR Issue Price At NT$18.8
• S'pore Telcos May Slip On Broadband Competition
• Ezra Likely To Fall On 1-For-5 Rights Issue. Rights price of S$1.18 set at 33.3% discount to last close, yielding S$1.67 theoretical ex-rights price