=DJ FOCUS:SingTel’s Acquisition Hunt May Prove To Be Difficult
| Written By Dow Jones News on 20 Nov 2008 | Dow Jones News | Add comments (0) |
By Se Young Lee
Of DOW JONES NEWSWIRES
SINGAPORE (Dow Jones)–
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=DJ FOCUS:SingTel’s Acquisition Hunt May Prove To Be Difficult
By Se Young Lee Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)– DJ MARKET TALK: S’pore Telco Index Outperforms; Safe Haven - CLSA
0717 GMT [Dow Jones] Telcos are best performing Singapore sub sector as defensive properties shine through amid continued weak wider equity market sentiment DJ MARKET TALK: STI Off 0.5%; Pares Losses, US Futures Higher
0618 GMT [Dow Jones] Singapore shares trim losses tad at start of afternoon session as U.S. pre-market futures turn higher (DJIA +39 points) DJ MARKET TALK: Selling Pressure On S’pore Shares Abating-UOB
0235 GMT [Dow Jones] Selling pressure on Singapore stocks appears to be abating, although investors still expected to remain wary given many " DJ MARKET TALK: STI Down 0.3% In Thin Trade; 1719 Support
0442 GMT [Dow Jones] STI down 0.3% at 1753.84 midday after flitting between positive, negative territory in morning trade in 1725-1769 range *DJ SingTel Raised To Neutral From Sell By Goldman Sachs
(END) Dow Jones Newswires November 16, 2008 18:38 ET (23:38 GMT) Copyright (c) 2008 Dow Jones & Daily Bulletin - 14/11/08
Wall street hit its lowest level in more than 5 years, before staging a dramatic recovery on Thursday as global financial markets reacted to the US Treasury’s decision to shelve plans to buy toxic mortagage assets. DJ MARKET TALK: Citi Cuts SingTel Target To S$2.70; Keeps Hold
0150 GMT [Dow Jones] STOCK CALL: Citigroup cuts SingTel (Z74.SG) target price to S$2.70 from S$3.20 DJ SingTel: Agrees To Credit Facilities Of About S$1.075B
SYDNEY (Dow Jones)– *DJ SingTel: Credit Facilities Have No Material Impact On EPS
(MORE TO FOLLOW) Dow Jones Newswires November 13, 2008 18:26 ET (23:26 GMT) Copyright (c) 2008 Dow Jones & |
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