Sunday, November 24th, 2024

Category: Market Updates

Bursa KLSE stocksMarket Updates

Resurgence in Buying Interest Fuels Malaysia Smelting Corporation’s Breakout Momentum

minichart
September 30, 2024

Date of ReportSeptember 30, 2024 Broker NameCGS International Securities Company OverviewMalaysia Smelting Corporation Berhad (MSC) is engaged in smelting tin concentrates and tin-bearing materials. The company also produces refined tin metal and by-products. Through...

Continue Reading 0
Hong Kong stocksMarket Updates

New World Development Shifts Focus to Deleveraging Amid Leadership Change and Dividend Halt

minichart
September 30, 2024

Date: September 27, 2024Broker: CGS International Securities FY6/24 Results Overview New World Development (NWD) reported disappointing FY6/24 results, which were within expectations. The company recorded a net loss of HK$19.7 billion, falling within its...

Continue Reading 0
Market Updates

China Merchants Bank: Leading Retail Banking and Positioned for Strong Recovery

minichart
September 30, 2024

Date: September 27, 2024Broker Name: CGS International Securities Overview China Merchants Bank (CMB) is positioned as one of the top picks in the Chinese banking sector, known for its strong retail banking operations and...

Continue Reading 0
Market Updates

China Construction Bank: A Top Dividend Performer with Strong Valuation Potential

minichart
September 30, 2024

Date: September 27, 2024Broker Name: CGS International Securities Overview China Construction Bank (CCB) stands out as one of the top picks in the Chinese banking sector, primarily due to its attractive dividend yield and...

Continue Reading 0
Market Updates

China CITIC Bank Positioned for Growth Amid Policy Shifts and Market Value Focus

minichart
September 30, 2024

Date: September 27, 2024Broker Name: CGS International Securities Overview China CITIC Bank is one of the leading state-owned banks in China, and its performance is tied closely to the policies set by its parent...

Continue Reading 0
Market UpdatesSingapore SGX stocks

Mermaid Maritime: Charting New Waters with Record Orderbook and Profit Growth

minichart
September 30, 2024

Date of ReportSeptember 30, 2024 Broker NameCGS International Securities Company Overview Mermaid Maritime (MMT) is a Singapore-based offshore service provider specializing in subsea and related services. The company operates with a diverse fleet and...

Continue Reading 0
Hong Kong stocksMarket Updates

Yuexiu Property Co Ltd: Bottom Reversal Signals Strong Upside Potential

minichart
September 30, 2024

Date of ReportSeptember 30, 2024 Broker NameCGS International Securities Company Overview Yuexiu Property Company Ltd. (123) is a Hong Kong-listed company engaged in the development, management, and investment in properties. The company also holds...

Continue Reading 0
Market UpdatesSingapore SGX stocks

Yangzijiang Financial Holding and DFI Retail Group Holdings – Trading Buy

Minichart
September 27, 2024

DFI Retail Group Holdings (DFI SP) – Trading Buy Last price: US$1.99 Target price: US$2.23 Protective stop: US$1.90 DFI is in an uptrend, staying above a bullish window. Technical indicators such as the MACD...

Continue Reading 0
Hong Kong stocksMarket UpdatesSingapore SGX stocksUS stocks

Bullish trend: Advanced Micro Devices, Nvidia Corp, Frencken, UMS, Tencent, Alibaba

Minichart
September 27, 2024

Advanced Micro Devices, Inc. (AMD US) Date Published: September 26, 2024 Stock Performance: AMD shares closed at $158.18, up $1.30 (+2.36%). Technical Indicators: Moving Averages: The 20-day EMA and 50-day EMA have crossed the...

Continue Reading 0
Bursa KLSE stocksMarket Updates

Gamuda Achieves Record FY24 Earnings with Proposed 1-for-1 Bonus Issue

minichart
September 27, 2024

Date: September 27, 2024Broker Name: Maybank Investment Bank Berhad Earnings and Financial Performance Gamuda reported its FY24 core net profit (CNP) at MYR912 million, which was in-line with expectations, representing 100% of the Maybank...

Continue Reading 0