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…
April 2018
DBS shares may climb after earnings beat forecasts
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 Pre-Market Monday: DBS, Sheng Siong, Noble, SIA Engineering
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…
Troubled Noble and its major shareholder Goldilocks swap another set of barbs
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…
Why a sales miss by a Valuetronics customer won’t hit its earnings much
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…
CGS-CIMB: Valuetronics offers attractive entry price after selloff
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….
Are Cache Logistics Trust’s payouts set to improve?
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)…
SocGen: Why we aren’t buying Malaysian stocks before the election
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…
Daiwa: Stay long Singapore’s cyclicals despite US-China trade war fears
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 Pre-Market Friday: Sembcorp Industries, Noble, Mapletree Logistics
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…