Broker Name: CGS International Securities
Date of Report: June 19, 2024
Excerpt from CGS International Securities report.
Report Summary
- Global equity markets continue to hit record highs, driven primarily by strong performance in the technology sector, especially chipmakers like Nvidia, now the world’s most valuable company. Investors remain optimistic about potential US Federal Reserve rate cuts, though caution is advised due to evolving macroeconomic conditions and inflation uncertainties.
- In Singapore, Addvalue Technologies Ltd shows technical signals of a bullish bottom reversal, with several indicators confirming upward momentum. Entry and target prices are suggested for trading opportunities, and the company is highlighted as a satellite-based communications solutions provider.
Above is an excerpt from a report by CGS International Securities. Clients of CGS International Securities can be the first to access the full report from the CGS International Securities website : https://www.cgs-cimb.com
