Shares of DBS surge to fresh all-time high after earnings beat forecasts
Shares of DBS surged after Southeast Asia’s largest bank reported first-quarter results that beat forecasts. The stock was up 3.0 percent at S$30.90, at 1:33…
Shares of DBS surged after Southeast Asia’s largest bank reported first-quarter results that beat forecasts. The stock was up 3.0 percent at S$30.90, at 1:33…
DBS shares may climb after earnings handily beat analysts’ forecasts. The stock is already up nearly 20 percent year-to-date, partly as expectations that interest rates…
Singapore’s stocks were headed to the open on Monday with a lackluster lead, with Wall Street essentially flat on Friday. But DBS’ higher-than-expected earnings were…
The fixed battle between troubled commodity trader Noble and one of its major shareholders took a sharp turn on Friday, spilling into another war of…
An earnings miss by a Valuetronics customer may have decked the Singapore-listed manufacturer’s stock price, but it’s not likely to affect its earnings much, Maybank KimEng…
Valuetronics’ share price plunged after news a customer’s sales disappointed, but it’s “too early to dim the lights,” CGS-CIMB said in a note on Friday….
Cache Logistics Trust reported first-quarter distributions below some estimates, but at least one analyst expects a recovery ahead. RHB said the distribution per unit (DPU)…
Malaysian equities have begun to outperform ahead of the election, but there’s not much of a longer term reason to buy, Societe Generale said in…
While it may be tempting to shift to Singapore’s defensive plays while awaiting the resolution of U.S.-China trade tensions, their fundamentals remain weak and corporate…
Singapore’s shares will open on Friday with a positive lead from Wall Street, with positive earnings from key tech sector giants likely to boost sentiment…
DBS downgraded Hi-P to Hold from Buy, saying the contract manufacturer’s earnings outlook has turned cloudy amid trade-war fears. “We like Hi-P for its ability…
Venture pointed to the U.S. dollar’s weakness as negatively affecting its first-quarter earnings, which disappointed market expectations. The technology services and contract manufacturer reported first-quarter…
Ford has basically withdrawn from the U.S. passenger car market, offering a tailwind for Japanese and South Korean automakers, Nomura said in a note on…
Venture managed to report a “decent set of results” despite a hit from a weaker U.S. dollar, and margins are set to expand ahead, RHB…
Shares of Venture plunged, extending an already deep recent slide, after the technology services and contract manufacturer reported disappointing earnings. The stock tumbled 11.73 percent…
Sembcorp Marine shares tumbled on Thursday after the company reported earnings that missed expectations. The stock was down 6.28 percent at S$2.09 at 11:56 A.M….
CGS-CIMB upgraded Suntec REIT to Add from Hold after its first-quarter results showed improved retail and convention performance. Suntec REIT reported net property income for…
Credit Suisse downgraded Venture to Neutral from Outperform and cut its estimates after first-quarter earnings missed forecasts, pointing to a lack of near-term catalysts. The…
Maybank KimEng cut its forecasts for Venture after its first-quarter earnings disappointed, but it stuck with a Buy call. “We continue to believe that VMS…
Singapore’s shares are set to start trade on Thursday with positive leads from Wall Street and regional shares. The Dow Jones Industrial Average ended Wednesday…
Shares of Venture are likely to be in focus on Thursday after the stock’s plunge over the past week in the lead up to its…
Nomura downgraded Keppel Corp. to Neutral from Buy, saying the stock’s re-rating was set to pause as earnings were peaking. Quarterly earnings momentum likely peaked…
Accordia Golf Trust is set to benefit from golf course closures and consolidation in Japan’s market, KGI said in a note on Tuesday. That was…
Societe Generale said it’s sticking with a long Japan autos and short electrical appliances play, pointing to diverging valuations. “We like value in Japan and…
Phillip Capital upgraded CapitaLand Commercial Trust to Accumulate, calling the REIT “armed and equipped for interest rate hikes.” “Lease renewal and interest rate refinancing risks…
Venture shares extended their tumble ahead of its earnings on Wednesday, continuing to be hurt by concerns about its customers and potentially also an anonymous…
This article was originally published on Tuesday, April 24, 2018 at 22:32 P.M. SGT. Venture’s share price tumbled after news Philip Morris’ IQOS sales growth…
This article was originally published on Wednesday, April 25, 2018 at 4:55 A.M. SGT. The U.S. dollar has climbed against the euro and the yen…
Singapore shares may open on the back foot on Wednesday after Wall Street suffered a selloff overnight, hit by a combination of rising bond yields…
Pork player WH Group saw its shares fall amid concerns over a potential U.S.-China trade war, but the concern is overdone, offering a good buying…
Daiwa started CIFI Holdings at Buy with a target price of HK$8.08, saying the Chinese property developer has the potential to become a top-10 player….
Credit Suisse started coverage of Baidu at Outperform with a US$290 target price, pointing to a sharper focus on its core business, adding new features…
Venture shares continued to tumble after tobacco giant Philip Morris’ results hurt its outlook and concern the ban on U.S. companies doing business with ZTE…
Shares of Ascendas REIT fell on Tuesday after reporting results, with Daiwa saying earnings were below expectations. The unit was down 1.11 percent at S$2.68…
This article was originally published at 8:38 A.M. SGT on Tuesday, April 24, 2018; it has since been updated. Singapore shares will open trade on…
WH Group, the largest pork company in the U.S. and China, is an “underappreciated cash cow,” Nomura said, starting coverage of the stock at Buy,…
CapitaLand Mall Trust reported slightly better-than-expected first-quarter earnings, with “encouraging” signs from portfolio rental reversions, Daiwa said in a note on Friday. “The return of…
Charts tip shares of Sembcorp Industries may head into an uptrend after the stock price closed above its recent high, Phillip Securities said on Monday….
How the dollar performs ahead will probably depend on how markets react to the U.S. 10-year Treasury yield potentially breaking above 3 percent, Kit Juckes,…
OCBC upgraded SGX to Buy after fiscal third-quarter earnings beat expectations on “sharply better” derivatives revenue. Third-quarter net profit of S$100.5 million, up 21.0 percent…