Category: Singapore SGX stocks

Singapore SGX stocks

Frasers Logistics & Commercial Trust Positioned for Growth with Strong Industrial and Logistics Portfolio

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September 26, 2024

Date: September 25, 2024Broker Name: CGS International Securities Pte. Ltd. Overview Frasers Logistics & Commercial Trust (FLT) is a standout REIT in the industrial and logistics sector, with an “ADD” rating. The stock is...

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Market UpdatesSingapore SGX stocks

CapitaLand Ascendas REIT Positioned for Growth Amid Interest Rate Tailwinds

minichart

September 26, 2024

Date: September 25, 2024Broker Name: CGS International Securities Pte. Ltd. Overview CapitaLand Ascendas REIT (CLAR) is highlighted as a top pick in the REIT sector, with an “ADD” rating. The stock is currently trading...

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Market UpdatesSingapore SGX stocks

Mapletree Logistics Trust Completes RM125.1 Million Divestment of Flexhub in Malaysia

minichart

September 25, 2024

Date: 25 September 2024Broker: Maybank Research Pte Ltd Completion of Flexhub Divestment in Malaysia Mapletree Logistics Trust (MLT) has successfully completed the divestment of Flexhub, a property located in Senai, Johor, Malaysia. The property...

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Market UpdatesSingapore SGX stocks

Rex Intl Expands Stake in Yme Field with USD15.65 Million Acquisition

minichart

September 25, 2024

Date: 25 September 2024Broker: Maybank Research Pte Ltd Acquisition of OKEA’s Interest in Yme Field Rex International’s subsidiary, Lime Petroleum, has agreed to acquire a 15% interest in the Yme Field, located in the...

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Market UpdatesSingapore SGX stocks

Sanli Environmental Boosts Liquidity with SGD5.28 Million Property Sale

minichart

September 25, 2024

Date: 25 September 2024Broker: Maybank Research Pte Ltd Property Sale Proposal Sanli Environmental has proposed the sale of a leasehold property located at 28 Kian Teck Drive. The sale price for the property is...

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Market UpdatesSingapore SGX stocks

IREIT Global currently trades at 0.6x price-to-book (PB) with a dividend yield of 9%.

Minichart

September 25, 2024

iREITs (IREIT Global) IREIT Global, a real estate investment trust (REIT), recently reported strong financial performance, driven by its diversified portfolio and strategic asset management. Financial Performance (1H2024): Gross revenue for the first half...

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China Bank Cuts Interest Rates

Minichart

September 25, 2024

China Bank Cuts Interest Rates The People’s Bank of China (PBOC) has recently implemented a series of interest rate cuts to stimulate economic growth. This move is aimed at addressing ongoing concerns regarding China’s...

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Market UpdatesSingapore SGX stocks

DFI: possibility of a special dividend from the sales of Yonghui Superstores.

Minichart

September 24, 2024

DFI Retail Group Holdings Ltd. (DFI SP) operates in over 12 markets, focusing on four divisions: food, health & beauty, home furnishings, and restaurants. Stock Data: Share price: US$2.03 Target price: US$2.57 (indicating a...

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Market UpdatesSingapore SGX stocks

UNITED OVERSEAS BANK LTD: Pioneering Productivity with Generative AI Integration

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September 24, 2024

Date: 23 September 2024Broker: OCBC Investment Research (OIR) Generative AI Implementation United Overseas Bank Ltd (Ticker: UOB SP) has positioned itself as a frontrunner in adopting generative AI (GenAI) within the banking sector. UOB...

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Market UpdatesSingapore SGX stocks

DBS GROUP HOLDINGS LTD: Leading the AI Revolution in Banking with Over 800 AI Models

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September 24, 2024

Date: 23 September 2024Broker: OCBC Investment Research (OIR) AI Leadership in the Banking Sector DBS Group Holdings Ltd (Ticker: DBS SP) has emerged as a global leader in AI strategy within the banking sector....

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