Monday, November 25th, 2024

Category: Market Updates

Market Updates

Ping An Bank Poised for Growth Amid Policy Shifts and Consumption Revival

minichart
October 7, 2024

Date: October 7, 2024Broker Name: CGS International Macroeconomic Overview and Policy Impact A series of policy measures implemented in late September and early October 2024 have positively impacted the sentiment around Ping An Bank...

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Market UpdatesSingapore SGX stocks

Mermaid Maritime Anticipates Strong Fleet Utilisation and Rising Demand Amid Global Oil Market Boost

minichart
October 7, 2024

Date: October 7, 2024Broker: CGS International Securities Pte. Ltd. Company Overview Mermaid Maritime (MMT) is a Singapore-based company operating in the oil and gas sector, primarily providing services such as subsea and diving support...

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Market Updates

ICBC Surges Amid New Policies, Reducing Risks and Boosting Valuations

minichart
October 7, 2024

Date: October 7, 2024Broker: CGS International Investor Confidence Buoyed by New Policies A series of policy measures have eased investor concerns over macroeconomic uncertainties and property-related exposures, benefiting the Industrial and Commercial Bank of...

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Bursa KLSE stocksMarket Updates

Leong Hup International: Positioned for Growth with Stable Demand and FX Tailwinds

minichart
October 7, 2024

Date of Report and Broker Name Date of Report: October 7, 2024 Broker: Maybank Investment Bank Berhad Company Overview Leong Hup International (LHIB MK) is one of the largest integrated poultry producers in the...

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Market Updates

China Tourism Group Duty Free Corp Ltd: Positioned for Growth Amidst Reviving Consumer Sentiment and Policy Support

minichart
October 7, 2024

Date of Report: 7 October 2024Broker: OCBC Investment Research Company Overview China Tourism Group Duty Free Corp Ltd (CTGDF) is a leading duty-free operator in China, holding more than 80% of the market share....

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Market UpdatesSingapore SGX stocks

Beng Kuang Marine’s Strategic Shift Drives Profitable Turnaround and Global Expansion

minichart
October 7, 2024

Date of ReportOctober 7, 2024 Broker NameLim & Tan Securities Pte Ltd Business Transformation and Strategic Shift Beng Kuang Marine underwent a significant transformation starting in 2021. The company decided to exit its ship...

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Market UpdatesSingapore SGX stocks

Grand Banks Yacht Achieves Record-Breaking Profits with Strong Order Book and New Flagship Model Launch

minichart
October 7, 2024

Date of ReportOctober 7, 2024 Broker NameLim & Tan Securities Pte Ltd Overview of FY2024 Performance Grand Banks Yacht (GBY) delivered a remarkable performance for FY2024. The company achieved record-breaking revenue of S$133.7 million,...

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Market UpdatesSingapore SGX stocks

Bullish Momentum: Rex International Holding Ltd Rebounds with Strong Technical Indicators

minichart
October 7, 2024

Date of Report: October 7, 2024 Broker Name: CGS-CIMB Securities Company Overview Rex International Holding Ltd is a production and exploration oil company with concessions in Norway and Oman. The company is listed on...

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Market UpdatesSingapore SGX stocks

Marco Polo Marine Ltd: Bullish Trend Set to Regain Momentum

minichart
October 7, 2024

Date of Report October 7, 2024 Broker Name CGS International Securities Pte. Ltd. Overview of Marco Polo Marine Ltd Marco Polo Marine Ltd is an integrated shipping company that provides a variety of services...

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Market Updates

PTT Exploration & Production (PTTEP): Navigating Cost Pressures Amidst Profit Decline

minichart
October 7, 2024

Broker: UOB Kay HianDate of Report: October 7, 2024 PTT Exploration & Production (PTTEP): Navigating Cost Pressures Amidst Profit Decline PTT Exploration & Production (PTTEP), Thailand’s leading oil and gas exploration and production company,...

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