Sunday, November 24th, 2024

Category: Market Updates

Daiwa House Logistics Trust

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...

Companies such as Seatrium are well-positioned

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...

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

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...

Singapore Airlines Faces Moderation in Growth Amid Capacity Increases and Rising Costs

Date: 18 September 2024Broker: OCBC Investment Research Overview Singapore Airlines (SIA), Singapore’s flagship carrier, posted a record performance for the fiscal year ending 31 March 2024 (FY24). The airline benefitted from robust travel demand...

Best Pacific Targets 15% Revenue Growth in 2024 Amid Strong Demand from Global Brands

Date: 19 September 2024Broker: UOB Kay Hian Company Overview Best Pacific International Holdings (2111 HK) is a leading textile manufacturer specializing in lingerie materials, elastic fabrics, webbing, and lace. The company supplies major global...

Press Metal Aluminium Secures 75% Alumina Supply Through Strategic Indonesian JV

Date: 19 September 2024Broker: UOB Kay Hian Company Overview Press Metal Aluminium Holdings (PMAH MK) is a leading aluminium producer, primarily engaged in the manufacturing and trading of primary aluminium and other aluminium-based products....

SCGP Sets Ambitious EBITDA Target of Bt33 Billion by 2030

Date: 19 September 2024Broker: UOB Kay Hian Company Overview SCGP Packaging (SCGP TB) is a leading packaging company in Thailand, focusing on sustainable and innovative packaging solutions. The company aims to enhance its operational...

Samarco Approaches $18 Billion Settlement for 2015 Dam Collapse Reparations

Date of Report: September 17, 2024Broker: Refinitiv, London Stock Exchange Group (LSEG) Samarco’s Role in the $18 Billion Settlement Negotiations Samarco, a joint venture between Vale and BHP, is part of the ongoing negotiations...

BHP Nears Landmark $18 Billion Settlement Over 2015 Dam Collapse

Date of Report: September 17, 2024Broker: Refinitiv, London Stock Exchange Group (LSEG) Ongoing Negotiations for $18 Billion Settlement BHP is in the final stages of negotiations with the Brazilian government, along with Vale and...

Vale Nears $18 Billion Settlement for 2015 Dam Disaster Reparations

Date of Report: September 17, 2024Broker: Refinitiv, London Stock Exchange Group (LSEG) Ongoing Negotiations for $18 Billion Settlement Vale is in advanced discussions with the Brazilian government regarding a potential $18 billion settlement tied...