Broker Name: CGS International
Date of Report: January 22, 2026
Excerpt from CGS International report.
- The Singapore market remains dominant in Asia, with the MSCI Singapore Free Index showing resilience and potential for a bullish rally if it holds above key support levels.
- Tech/Electronics sector is driving market sentiment, with early gains in stocks like AEM, Frencken, Valuetronics, and PC Partner; UMS is a new addition to the coverage.
- Technical buy calls are issued for UMS Integration Ltd, Wee Hur Holdings Ltd, and Food Empire Holdings Ltd, all showing strong technical momentum and bullish signals.
- The report provides detailed entry, support, resistance, and target price levels for the featured stocks, backed by positive technical indicators such as MACD, Ichimoku, and volume expansion.
- Comprehensive disclaimers and regulatory information provided, emphasizing that the report is for informational purposes and not a solicitation to buy or sell securities.
Report Summary:
- Singapore’s market remains strong, led by the Tech/Electronics sector, and selected stocks (UMS, Wee Hur, Food Empire) show continued bullish technical signals.
- The report offers specific technical levels and highlights robust market sentiment, but reminds readers of standard disclaimers and regulatory notes.
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/
