Broker Name: CGS International
Date of Report: November 7, 2025
Excerpt from CGS International report.
Report Summary:
- SIA Engineering Co Ltd (SIE SP) is showing a strong and sturdy bullish trend, with technical indicators supporting continued uptrend momentum. The recommended technical entry is at S\$3.70, with key support at S\$3.60 and S\$3.35, and target prices up to S\$6.00.
- US companies announced the highest number of October job cuts in over 20 years, primarily due to AI adoption and cost-cutting, signaling a weakening labor market. Meanwhile, breakthroughs in solid-state battery technology are reshaping the industrial machinery sector, offering investment opportunities in both traditional and new equipment manufacturers.
Above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website : https://www.cgs-cimb.com/
