Category: Market Updates

Sido Muncul: Riding the Wave of Herbal Growth with Strong Q3 Performance and Promising Outlook

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October 28, 2024

Date: October 28, 2024Broker: UOB Kay Hian Company Overview Sido Muncul is the largest producer of herbal medicine (jamu) and energy drinks in Indonesia. Stock Data Share Price: Rp615 Target Price: Rp800 (Previous Target...

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Market UpdatesSingapore SGX stocks

Suntec REIT (SUN SP): Resilient Performance Amid Market Challenges and Strong Rental Reversions

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October 28, 2024

Date of Report 28 October 2024 Broker Name OCBC Investment Research Company Overview Suntec REIT is a prominent real estate investment trust (REIT) focusing on office and retail properties. It operates a diversified portfolio...

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Market Updates

Kweichow Moutai (600519 CH): Navigating Market Pressures with Strong Revenue Growth and Strategic Promotions

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October 28, 2024

Date of Report 28 October 2024 Broker Name UOB Kay Hian Company Overview Kweichow Moutai is a leading baijiu (Chinese liquor) company in China, renowned for its super-premium brand “Feitian Moutai.” It is one...

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Bursa KLSE stocksMarket Updates

Hume Cement Industries (HUME MK): Strong Earnings Outlook Amid Infrastructure Growth and Strategic Market Positioning

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October 28, 2024

Date of Report 28 October 2024 Broker Name UOB Kay Hian Company Overview Hume Cement Industries is an emerging player in the Malaysian cement market and ranks as the third-largest cement producer in terms...

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Market UpdatesSingapore SGX stocks

CapitaLand Ascendas REIT: A Strong Player in the Industrial Sector with Promising Growth Prospects

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October 28, 2024

Date: October 27, 2024Broker: Maybank Research Pte Ltd Company Overview CapitaLand Ascendas Real Estate Investment Trust (CLAR) is the second largest listed S-REIT and the first and largest listed REIT within the industrial sub-sector...

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Market UpdatesSingapore SGX stocks

Frasers Centrepoint Trust: Navigating Resilience and Growth in a Competitive Retail Landscape

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October 28, 2024

Date of Report October 27, 2024 Broker Name Maybank Research Pte Ltd Company Overview Frasers Centrepoint Trust (FCT) is a real estate investment trust primarily investing in income-producing properties for retail purposes. The trust...

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Bursa KLSE stocksMarket Updates

Nestle (Malaysia): Navigating Challenges Towards a Promising Earnings Recovery

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October 28, 2024

Date: October 27, 2024Broker: Maybank Investment Bank Berhad Company Overview Nestlé (Malaysia) Bhd. is an investment holding company engaged in the manufacture, marketing, and sale of food products. The company operates under the ticker...

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Bursa KLSE stocksMarket Updates

&&Gamuda’s MYR31B Orderbook Surge: A Buy Call Amidst Strategic Wins&&

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October 28, 2024

Report Date and BrokerDate: October 27, 2024Broker: Maybank Investment Bank Berhad Orderbook and Strategic WinsGamuda has recently formalized its involvement in the Upper Padas Hydroelectric Project (HEP), bolstering its engineering and construction (E&C) orderbook...

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Market Updates

True Corporation’s Q3 Surge: Core Profits Soar 295% Amid Strategic Growth

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October 28, 2024

Date: October 28, 2024Broker: UOB Kay Hian Company Overview True Corporation (TRUE) was formed from the merger of True Corporation and Total Access Communication (DTAC), creating a major player in telecommunication services. The company,...

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Market Updates

Sido Muncul (SIDO IJ) Sees Strong Q3 Growth with Promising Outlook

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October 28, 2024

Date: October 28, 2024Broker: UOB Kay Hian Company Overview Sido Muncul (SIDO IJ) is Indonesia’s largest herbal medicine (jamu) and energy drink producer. The company operates within the Consumer Staples sector and is listed...

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