Broker Name: CGS International
Date of Report: July 10, 2025
PropNex Surges to New High: Technical Analysis and Market Insights for July 2025
Market Highlights: Nvidia Makes History as First \$4 Trillion Company
The global financial landscape experienced a major milestone as Nvidia Corporation became the first company to reach a staggering \$4 trillion market valuation. Nvidia’s shares surged 2.8% to \$164.42, marking a remarkable rebound from early-year volatility. The company has delivered over 20% returns in 2025 and has seen its stock price soar by more than 1,000% since 2023. Nvidia now commands a 7.5% weighting in the S&P 500 Index, nearing record levels of index influence.
A significant driver behind Nvidia’s meteoric rise is the relentless capital expenditure on AI infrastructure by tech giants such as Microsoft, Meta Platforms, Amazon, and Alphabet. Collectively, these firms are projected to invest around \$350 billion in the upcoming fiscal year—up from \$310 billion this year—accounting for over 40% of Nvidia’s total revenue. This wave of investment underscores the enduring demand for Nvidia’s advanced computing systems and solidifies its pivotal role in the AI revolution.
China’s Economic Update: The Four Pillars of “New Supply-Side Reform”
- Deflationary Risks: China is facing growing deflationary pressures, making it urgent to enact a “new supply-side reform” in the 15th Five-Year Plan period.
- Strategic Focus: The reform will target four major areas:
- “Division” (property destocking)
- “Subtraction” (capacity reduction)
- “Addition” (increasing government leverage ratio)
- “Multiplication” (AI development)
PropNex Ltd: Technical Buy Signal as Uptrend Strengthens
PropNex Limited, a leading real estate agency operating across Singapore, Indonesia, and Malaysia, has reached new technical highs, with bullish signals pointing towards further upside. The company provides business strategies, consultation, training, marketing support, and innovative technology for real estate transactions.
PropNex Technical Analysis: Entry, Support, Resistance, and Targets
| Last Price |
Entry Price(s) |
Support 1 |
Support 2 |
Stop Loss |
Resistance 1 |
Resistance 2 |
Target Price 1 |
Target Price 2 |
Target Price 3 |
Target Price 4 |
| 1.18 |
1.18, 1.10, 1.00 |
1.11 |
0.94 |
0.93 |
1.22 |
1.73 |
1.33 |
1.68 |
1.80 |
2.18 |
Key Technical Insights for PropNex
- The uptrend remains robust, with prices confirming an ascending triangle formation.
- PropNex has surpassed the 123.6% Fibonacci extension, signaling strong upward momentum.
- Ichimoku analysis shows a bullish setup, with the stock closing above all key indicators.
- MACD signal and line are both trending positively above the zero line, with a positive histogram—hinting at sustained upward price action and a potential reversal.
- Stochastic Oscillator is rising, confirming bullish momentum and an oversold crossover signal.
- 23-period Rate of Change (ROC) is positive and climbing.
- Directional Movement Index reflects stable bullish strength.
- Trading volume is expanding healthily, confirming the strength of the move.
Company Overview: PropNex Ltd
PropNex serves clients in Singapore, Indonesia, and Malaysia, offering a comprehensive suite of services for the real estate sector, including strategic business advice, training, marketing, and technological innovation for property buying, selling, and leasing.
Sector and Investment Ratings Explained
| Stock Rating |
Definition |
| Add |
Total return expected to exceed 10% over the next 12 months. |
| Hold |
Total return expected between 0% and +10% over the next 12 months. |
| Reduce |
Total return expected to fall below 0% over the next 12 months. |
| Sector Rating |
Definition |
| Overweight |
Sector stocks have a positive absolute recommendation, market cap-weighted. |
| Neutral |
Sector stocks have a neutral absolute recommendation, market cap-weighted. |
| Underweight |
Sector stocks have a negative absolute recommendation, market cap-weighted. |
| Country Rating |
Definition |
| Overweight |
Investors should be positioned above market weight in this country relative to benchmark. |
| Neutral |
Investors should be positioned with a neutral weight in this country relative to benchmark. |
| Underweight |
Investors should be positioned below market weight in this country relative to benchmark. |
Rating Distribution for Quarter Ended June 30, 2025
| Rating |
% of Companies |
% Investment Banking Clients |
| Add |
70.6% |
1.1% |
| Hold |
20.5% |
0.5% |
| Reduce |
8.9% |
0.5% |
A total of 561 companies were under coverage for the quarter ended June 30, 2025.
Disclaimer and Regulatory Information
This article is based on research intended for information purposes only and does not constitute a recommendation, offer, or solicitation to buy or sell any securities. Investors should perform their own due diligence and consult with professional advisors before making investment decisions.
