CIMB: Sembcorp Industries could list its Indian operations
Sembcorp Industries could list its Indian operations under SEIL, CIMB said in a note on Tuesday. It pointed to Monday’s announcement of plans to reorganise…
Daiwa: DBS most attractive Singapore bank on dividend yield
DBS is the most attractive Singapore bank on dividend yield, Daiwa said in a note on Tuesday. It noted that DBS raised its structural core…
Mitsubishi Motors downgraded to Reduce by Nomura on FX concerns
Nomura downgraded Mitsubishi Motors to Reduce from Neutral, citing headwinds from foreign-exchange weakness. ”We see a major impact from the strong yen,” Nomura said in…
CK Infrastucture started at Buy, fair value HK$73.42 by OCBC
OCBC started coverage of CK Infrastructure at Buy with a fair value of HK$73.42. ”Through its portfolio of regulated assets, which are largely governed by…
Podcast: What the world looks like from Singapore on Tuesday, February 20, 2018
Podcast: What the world looks like from Singapore on Tuesday, February 20, 2018. Connect to the podcast on Anchor here. Connect to the podcast on…
DBS: Weakness in Singapore REITs offers buying opportunity
The selloff in Singapore REITs, or S-REITs, is different this time and offers a buying opportunity, DBS said in a report on Tuesday. While the…
RHB: Knee-jerk selloff in Singapore property shares a buying opportunity
Singapore’s property shares sold off in the wake of Monday’s budget announcement of an increase in the residential buyers stamp duty (BSD). The budget raised…
Singapore healthcare stocks mixed after budget highlights public-sector expansion
Singapore’s healthcare stocks were mixed by Tuesday afternoon, with traders likely wary after Monday’s budget announcement of more public-sector healthcare spending plans. Raffles Medical was…
JPMorgan: This is the playbook for rebalancing portfolios around inflation
J.P. Morgan has broken out its playbook for rising inflation after U.S. figures have printed stronger than expected surprising even its economists, who had expected…
Singapore property stocks fall after budget raises stamp duty, proximity grants
Singapore-listed property stocks dropped on Tuesday in the wake of unexpected measures in Monday’s budget announcement. The budget raised the stamp duty on the portion…
Podcast: What the world looks like from Singapore on Monday, February 19, 2018
Podcast: This is what the world looks like from Singapore on Monday, February 19, 2018. Connect to the podcast on Anchor here. Connect to the…
Singapore Budget: “Prudent and progressive” budget and which sectors might be affected
Singapore Finance Minister Heng Swee Keat delivered the budget statement on Monday, saying the government’s planning, spending and taxation needed to be “prudent and progressive.”…
DBS: Malaysia stocks offer accumulation opportunity after recent weakness
Negative market sentiment in Malaysia may persist for some time, but this likely offers the chance to accumulate shares, DBS said in a strategy note…
StarHub shares rebound after CEO buys block of shares
StarHub’s shares recovered a tad on Monday, rising 1.56 percent, or 4 Singapore cents, to S$2.61 by 1:17 P.M. SGT, after tumbling more than 10…
DBS: Singapore shares’ downswing is ‘opportunity, not calamity’
The Straits Times Index’s downswing to 3350 is an opportunity, DBS said in a note last week. It expected the correction to halt at 3330-3350,…
SGX shares climb; plans new India derivative products to replace expiring Nifty deal
Shares of SGX were up 2.71 percent at S$7.57 at 11:04 A.M. SGT after investors got some relief from concerns about the exchange’s India derivatives…
Gong Xi Fa Cai from Shenton Wire
Gong xi fa cai from the team at Shenton Wire.
Podcast: What the world looks like from Singapore on February 15, 2018
Podcast: This is what the world looks like from Singapore on February 15, 2018. Gong xi fa cai. Connect to the podcast on Anchor by…
UOB shares climb in second-day trading after reporting solid earnings
The second day proved to be the charm for UOB shares. The stock climbed 3.05 percent to S$27.04 by the market’s early close at midday…
StarHub shares tumble after earnings miss analysts’ forecasts
Shares of telecom StarHub tumbled 9.79 percent to S$2.58 by 11:20 A.M. SGT on Thursday after its earnings results disappointed Analysts. On Wednesday after the…
Podcast: How the world looks from Singapore on 14 Feb 2018
Podcast: This is what the world looks like from Singapore on February 14, 2018. Connect to the podcast on Anchor by clicking here.
Yen’s climb, dollar’s weakness shows market jitters persist
Markets around the region were broadly mixed, suggesting traders weren’t willing to shake off lingering jitters after the recent stock rout, let alone turn fully…
Singapore Airlines shares jump after earnings beat forecasts
Singapore Airlines shares jumped 4.71 percent to S$11.12 by 10:35 A.M. SGT after it reported earnings. The carrier reported on Tuesday that its fiscal third-quarter net…
OCBC shares slip at open despite fourth-quarter results beating expectations
OCBC shares slipped 0.24 percent in early trade despite the bank reporting on Wednesday that its fourth-quarter net profit climbed 31 percent on-year to S$1.03…
Singapore dollar climbs after stronger-than-expected GDP data
The Singapore dollar bounced in early trade after data showed that the city-state’s economy grew 3.6 percent in 2017, faster than the preliminary estimate of…
Podcast: How the world looks from Singapore on 13 February 2018
This is what the world looks like from Singapore on Tuesday, 13 February 2018. Visit Anchor to hear the podcast.
UOB KayHian: Which Singapore stocks to buy to benefit from volalitity
UOB KayHian said it sees “selective opportunities” after the Straits Times Index retraced more than 6 percent from its year-to-date peak. “Beyond the near-term market…
What the Chinese zodiac says stocks will face in the Year of the Dog
The Chinese zodiac is predicting a strong first half of the year for stocks, according to Joey Yap of Joey Yap Consulting Group, a Feng…
JPMorgan: There’s one reason to sell from here and that’s not what we expect
JPMorgan put itself in the “rout is likely to pass” camp, saying it didn’t expect equities to fall much further from here. “We believe that…
Asian markets are posting rallies, but should you trust it?
Asian markets were higher on Tuesday, amid hopes that last week’s brutal global market rout might be in the rear view mirror. The Hang Seng…
Nomura upgrades UOB to Buy, calling stock cheap
Nomura upgraded UOB to Buy from Neutral and increased its target price to S$32.90 form S$26.40. The stock’s more than 7 percent valuation decline from…
Podcast: This is what the world looks like from Singapore
This is what the world looks like from Singapore on Monday, 12 February 2018. Visit Anchor to hear the podcast.
Buying opportunity in China shares, Deutsche Bank says
While an impact from the U.S. market pullback and some profit-taking were expected, the H-share market selloff appears overdone, Deutsche Bank said in a note…
SGX downgraded to Sell by Goldman Sachs
Goldman Sachs downgraded shares of Singapore Exchange (SGXL.SI) to Sell from Buy and cut its target price on the stock to S$6.60 from S$8.70. Goldman…
Singapore property stocks: It’s not time to bottom fish, Nomura says
It’s not the time to go bottom-fishing for Singapore-listed real-estate stocks, according to a Nomura report on Monday. The FSTRE index fell 5 percent last…