Friday, November 15th, 2024

Author: Minichart

Market Updatesstock of the day

Lion OCBC Securities Hang Seng TECH ETF (HST) has recently broken above a key resistance level

Minichart
September 19, 2024

The Lion OCBC Securities Hang Seng TECH ETF (HST) has recently broken above a key resistance level, a price point that historically acts as a ceiling where traders tend to sell. This breakout suggests...

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Market UpdatesSingapore SGX stocks

Overview of the 50 bp Rate Cut:

Minichart
September 19, 2024

Overview of the 50 bp Rate Cut: The 50 bp rate cut announced recently was in line with market expectations. Following this announcement, U.S. investors reacted by “Selling The Rate Cut News,” which led...

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Market UpdatesSingapore SGX stocks

Daiwa House Logistics Trust

Minichart
September 19, 2024

Daiwa House Logistics Trust Daiwa House Logistics Trust (DHLT) recently made a presentation to investors, highlighting the performance of its portfolio. Here are some key points: Portfolio Performance: The average exchange rate of JPY...

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Market UpdatesSingapore SGX stocks

Companies such as Seatrium are well-positioned

Minichart
September 19, 2024

The offshore marine sector remains strong and resilient despite current fluctuations in oil prices. This is particularly evident in Singapore’s industry, where companies such as Seatrium are well-positioned. Market Sentiment and Performance Despite oil...

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Hong Kong stocksMarket Updates

We prefer Anta, Galaxy, Haidilao, Haier, Midea and Miniso.

Minichart
September 19, 2024

Consumer Sector – China/Hong Kong Market Overview 1. Mid-Autumn Festival Boosts Tourism and Consumption Tourism: The three-day Mid-Autumn Festival holiday from September 15-17, 2024, saw a significant recovery in domestic tourism. This holiday marked...

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Market Updatesstock of the day

the next possible rally….

Minichart
September 18, 2024

Minichart’s resistance scanner has identified several REITs breaking through resistance levels today. These “tier 2” REITs, including iREITs Global, Manulife, Prime US, and others, are typically less favored by investors due to their foreign...

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Market UpdatesSingapore SGX stocks

Marco Polo Marine is considered deeply undervalued

Minichart
September 17, 2024

Marco Polo Marine (MPM) is a reputable operator in Southeast Asia, focusing on marine logistics. The company engages in chartering, building, converting, maintaining, and repairing vessels. MPM has diversified its operations to serve both...

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Singapore SGX stocksstock of the day

Hong Leong Asia and several glove manufacturing stocks broke through key resistance levels

Minichart
September 16, 2024

Yesterday, Hong Leong Asia and several glove manufacturing stocks broke through key resistance levels, signaling a potential upward trend. From a technical analysis perspective, these stocks now show potential for a further 4% to...

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commoditiesMarket Updates

Commodity market update

Minichart
September 16, 2024

China’s refinery output falls for a fifth month as fuel demand disappoints China’s oil refinery output in August fell 6.2% from a year earlier, official data showed on Saturday, declining for the fifth month...

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Bursa KLSE stocksMarket Updates

Telekom Malaysia: 13.3x FY25F P/E and 3.9% FY24F dividend yield attractive

Minichart
September 16, 2024

Telekom Malaysia Upgrade cycle to continue We raise our FY24F/25F/26F core net profits by 3.3%/1.1%/1.7% post 2Q24 results, leaving us at 104%/115%/122% of Bloomberg consensus estimates. Despite increased competition in retail broadband, we see...

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