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…
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…
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. Connect to the podcast on Anchor here. Connect to the podcast on…
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…
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’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…
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-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: 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 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.”…
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’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…
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,…
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 the team at Shenton Wire.
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…
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…
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: This is what the world looks like from Singapore on February 14, 2018. Connect to the podcast on Anchor by clicking here.
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 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 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…
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…
This is what the world looks like from Singapore on Tuesday, 13 February 2018. Visit Anchor to hear the podcast.
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…
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 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 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 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…
This is what the world looks like from Singapore on Monday, 12 February 2018. Visit Anchor to hear the podcast.
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…
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…
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…