Sunday, November 24th, 2024

Category: Market Updates

Top Glove Corp Technical Overview and Stock Performance:

Top Glove Corp (TOPG SP) Technical Overview and Stock Performance: Current Price: S$0.335 Target Price: S$0.370 Protective Stop: S$0.305 Top Glove’s stock demonstrates a similar bullish trend, with the price trading above the cloud,...

Thai Beverage’s stock is currently trading with a bullish chart outlook

Thai Beverage (THBEV SP) Technical Overview and Stock Performance: Current Price: S$0.525 Target Price: S$0.585 Protective Stop: S$0.505 Thai Beverage’s stock is currently trading with a bullish chart outlook, as its price remains above...

SGX proposed a final quarterly dividend of 9.0 cents per share,

Singapore Exchange (SGX) Annual Report Summary and Analysis The Singapore Exchange (SGX) recently released its annual report for the fiscal year 2024. Key points include an overview of its financial performance, strategic initiatives, and...

The target price of HK$95.00 is based on 11x FY25F PE, which is below Alibaba’s historical mean of 22x.

Alibaba Group Overview: Share Price: HK$87.20 Target Price: HK$95.00 (Upside of 8.9%) Market Cap: HK$1.677 trillion (~US$212.1 billion) Major Shareholders: Ma Jack Yun (4.5%), Vanguard Group (3.7%), BlackRock (2.6%) Key Updates from the Apsara...

REITs Sector Update for Singapore

REITs Sector Update for Singapore: Performance Overview: The FTSE ST All-share REITs Index (FSTREI) gained 13% in Q3 2024, outperforming the STI, which increased by 8.8%. Top REIT picks such as Frasers Logistics &...

Wilmar International Poised for Growth Amid Interest Rate Cuts and Improved Margins

Date: September 20, 2024Broker: CGS International Securities Overview Wilmar International (WIL) is a leading agribusiness company based in Singapore. As of September 2024, the company is focusing on its financial strategy to capitalize on...

DBS Group Holdings Targets Doubling Wealth Management Fees by 2027 Amidst Global Investor Shift to Asia

Broker Name: Lim & Tan Securities Pte Ltd Date of Report: 23 September 2024 Wealth Management Strategy and Growth Plans DBS Group Holdings aims to double its fees from wealth management by 2027, targeting...

Galaxy Entertainment (27 HK) Poised to Benefit from Strong Holiday Traffic During October Golden Week

Date: 23 September 2024Broker: MIB Securities (Hong Kong) Ltd Strong Influx of Visitors in September 2024 Macau welcomed over 492,100 visitors from China between 14-19 September 2024, which equates to an average of approximately...

Tencent (700 HK) Strengthens Market Position with Key Mini Program Partnerships

Date: 23 September 2024Broker: MIB Securities (Hong Kong) Ltd WeChat HK Mini Program Collaboration Tencent (700 HK) has enhanced its WeChat HK Mini Program by integrating it with Tongcheng Travel’s (780 HK) international travel...

Alibaba-W (9988 HK) Expands Travel Services Through Strategic Mini Program Integration

Date: 23 September 2024Broker: MIB Securities (Hong Kong) Ltd Strategic Mini Program Integration Alibaba-W (9988 HK) has expanded its services through its Alipay HK Mini Program by integrating with Tongcheng Travel’s (780 HK) international...