Thursday, January 9th, 2025

Category: Market Updates

Bursa KLSE stocksMarket Updates

WCT Holdings Unveils Paradigm REIT to Strengthen Balance Sheet and Boost Growth

minichart
September 20, 2024

Date: September 19, 2024Broker Name: CGS International Securities Malaysia Sdn. Bhd. Shariah Compliance and ESG Score Shariah Compliance: WCT Holdings is identified as Shariah-compliant, which may appeal to certain institutional and individual investors. ESG...

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Bursa KLSE stocksMarket Updates

Eco World Development Group Bhd Surpasses FY24 Sales Target with Robust Earnings Growth

minichart
September 20, 2024

Date of Report: September 19, 2024Broker Name: CGS International Securities Malaysia 9MFY24 Results Performance Eco World Development Group Bhd (EWDG) reported a core net profit of RM231.9 million for 9MFY24, which represents 78% of...

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Market Updates

Huitongda: Navigating Product Mix Upgrades Amid Market Challenges

minichart
September 20, 2024

Date: September 19, 2024Broker Name: China Galaxy International Securities (Hong Kong) Co., Limited 1H24 Financial Performance Huitongda’s 1H24 sales declined by 24% year-over-year (yoy), reaching Rmb32.8bn, while its net profit plummeted by 49% to...

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Bursa KLSE stocksMarket Updates

CLMT is projected to achieve a 3-year earnings per unit (EPU) CAGR of 8.2% over FY23-26

Minichart
September 20, 2024

CapitaLand Malaysia Trust (CLMT) – 3QFY24 Report Summary CapitaLand Malaysia Trust (CLMT) is positioned for steady growth, leveraging the strong performance of its key retail and industrial assets. Below is a detailed overview based...

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Hong Kong stocksMarket Updates

CATL’s performance during 1H24 was marked by significant growth metrics despite some macroeconomic pressures across the automotive sector

Minichart
September 20, 2024

CATL (Contemporary Amperex Technology Co., Ltd.), one of China’s leading battery manufacturers, experienced a robust performance during the first half of 2024, positioning itself as one of the top picks in the automotive sector....

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Bursa KLSE stocksMarket Updates

Eco World Development Bhd forward price-to-earnings (PE) ratio of 16-20x for FY24-FY26, which is lower than its 10-year average of 32x.

Minichart
September 20, 2024

Eco World Development Bhd (ECW) has delivered a strong performance in 3QFY24, surpassing expectations with a core net profit of RM89.2 million, reflecting a 24% quarter-on-quarter (qoq) and 34% year-on-year (yoy) increase. This was...

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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

Sembcorp Industries Expands Market Share with Strategic Stake in Senoko Energy

minichart
September 19, 2024

Date: September 18, 2024 Broker: Maybank Research Pte Ltd Overview Sembcorp Industries (SCI) is a leading energy and urban solutions provider headquartered in Singapore. The company focuses on providing sustainable solutions and utilities services,...

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Hong Kong stocksMarket Updates

CK Asset (1113 HK) Surges 4.3% Ahead of Fed Rate Decision

minichart
September 19, 2024

Date: 19 September 2024Broker: MIB Securities (Hong Kong) Ltd Strong Performance Ahead of Fed Rate Decision CK Asset (1113 HK) saw a notable increase in its stock price, surging by 4.3% as Hong Kong...

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Market Updates

Galaxy Ent. (27 HK) Positioned to Capitalize on Strong Holiday Traffic During Mid-Autumn Festival

minichart
September 19, 2024

Date: 19 September 2024Broker: MIB Securities (Hong Kong) Ltd Strong Mid-Autumn Festival Visitation Galaxy Entertainment (27 HK) is expected to benefit from a strong surge in visitor arrivals during the Mid-Autumn Festival holiday period....

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