Broker Name: CGS International
Date of Report: November 20, 2025

Excerpt from CGS International report.

Report Summary

• Jardine Cycle & Carriage Ltd (JCNC) remains in a strong uptrend, with technical indicators supporting the likelihood of continued price appreciation. The major and secondary uptrend patterns are intact, with bullish formations, positive momentum, and healthy trading volume.
• The Monetary Authority of Singapore (MAS) injected further liquidity into Singapore equities and appointed more asset managers, signaling ongoing support for the local market. SGX and select stocks are seen as beneficiaries of these trends.

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.cgsi.com/