Friday, October 18th, 2024

Day: October 2, 2024

Market UpdatesSingapore SGX stocks

Mapletree Industrial Trust Expands in Japan with Promising Redevelopment Potential

minichart
October 2, 2024

Date: 3 October 2024 Broker Name: UOB Kay Hian Alpha Picks Performance In September 2024, the Alpha Picks portfolio outperformed the Straits Times Index (STI), rising 5.4% month-on-month (mom), while the STI increased by...

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Bursa KLSE stocksMarket Updates

Top Glove Optimistic on Future Growth with Strong Medium-Term Prospects

minichart
October 2, 2024

Date: 3 October 2024 Broker Name: UOB Kay Hian Top Glove is the world’s largest glove manufacturer. Despite short-term headwinds, the company remains optimistic about its medium-term prospects, particularly due to the recovery in...

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Hong Kong stocksMarket Updates

Plover Bay Sees Accelerated Growth Driven by Strong Demand in the US and Australia

minichart
October 2, 2024

Date: 3 October 2024 Broker Name: UOB Kay Hian Alpha Picks: October Conviction Calls The HSI and MSCI China surged 17.5% and 23.1% month-on-month (mom) respectively in September, buoyed by the People’s Bank of...

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Market Updates

Geely Accelerates Earnings with Strong EV Sales and Buoyant Export Growth

minichart
October 2, 2024

Date: 3 October 2024Broker Name: UOB Kay Hian Geely’s Earnings Growth Outlook Geely is entering a period of significant earnings growth, fueled by its robust product line-up and strong export growth. The company is...

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Market Updates

CATL: Driving Future Growth with Strong EV Battery Shipments and Favorable Lithium Trends

minichart
October 2, 2024

Date: 3 October 2024Broker Name: UOB Kay Hian Overview of CATL’s Performance CATL is positioned as a key player in the electric vehicle (EV) battery industry, with robust growth driven by increasing global demand...

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Market UpdatesSingapore SGX stocks

CapitaLand Ascott Trust Expands Singapore Portfolio with Yield-Accretive Acquisition of lyf Funan

minichart
October 2, 2024

Date: October 2, 2024Broker: UOB Kay Hian Private Limited Company Overview CapitaLand Ascott Trust (CLAS) is a real estate investment trust (REIT) that invests in income-producing real estate, primarily used as serviced residences, rental...

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Market UpdatesSingapore SGX stocks

Expanding Horizons: Mapletree Industrial Trust Strengthens Tokyo Presence with Strategic Acquisition

minichart
October 2, 2024

Date: October 1, 2024Broker: CGS International Acquisition of a Mixed-Use Property in Tokyo On October 1, 2024, Mapletree Industrial Trust (MINT) announced its acquisition of a 98.47% stake in a mixed-use property located in...

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Market UpdatesSingapore SGX stocks

Upward Surge: Sea Limited’s Strategic Shifts Propel Stock to New Highs

minichart
October 2, 2024

Date: 2 October 2024Broker: OCBC Investment Research (OIR) Company Overview Sea Limited is a global consumer internet company based in Singapore. It operates three core businesses: digital entertainment (Garena), e-commerce (Shopee), and digital payments...

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Market Updates

WuXi AppTec Surges Amid Investor Optimism and Robust Growth Outlook

minichart
October 2, 2024

Date of Report: 2 October 2024Broker: OCBC Investment Research Company Overview WuXi AppTec, founded in 2000, is a leading global contract research, development, and manufacturing organization (CRDMO). Headquartered in Shanghai, the company has grown...

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Market UpdatesSingapore SGX stocks

Geo Energy Resources Ltd: Strategic Investments Drive Resilient Growth Amid Coal Market Challenges

minichart
October 2, 2024

Date and Broker Information Date: October 2, 2024 Broker: KGI Securities (Singapore) Pte. Ltd. 1H24 Financial Performance Geo Energy Resources Ltd reported a 14% year-on-year (YoY) decline in net profit, totaling US$24.2 million for...

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