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Sunday, October 19th, 2025

Hong Leong Asia and several glove manufacturing stocks broke through key resistance levels

Yesterday, Hong Leong Asia and several glove manufacturing stocks broke through key resistance levels, signaling a potential upward trend. From a technical analysis perspective, these stocks now show potential for a further 4% to 6% increase in value. This breakout suggests renewed investor interest and momentum in these sectors, possibly driven by market optimism and improving fundamentals. Investors may view this as an opportunity for short-term gains as these stocks approach their next resistance levels.

Investors are encouraged to follow “Minichart Auto Signal” for real-time updates and insights on the top-performing stocks of the day, identifying potential movers and shakers in the market. This tool can be key in spotting emerging trends and making timely investment decisions.

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Mermaid Maritime Anticipates Strong Fleet Utilisation and Rising Demand Amid Global Oil Market Boost

Date: October 7, 2024Broker: CGS International Securities Pte. Ltd. Company Overview Mermaid Maritime (MMT) is a Singapore-based company operating in the oil and gas sector, primarily providing services such as subsea and diving support...

Wilmar International Ltd: Bullish Reversal Signals Strong Upside Potential

Date: September 30, 2024Broker: CGS International Securities Company Overview Wilmar International Ltd operates as a food processing company. The company is involved in a wide range of services including oil palm cultivation, edible oil...

Boustead Singapore Uptrend Continues, Gold Surges Past $4,000 & Wilmar International Outlook Improves – Singapore Retail Research Highlights October 2025

Broker Name: CGS International Date of Report: October 9, 2025 Excerpt from CGS International report. Report Summary Gold prices have surged past \$4,000 an ounce, driven by economic uncertainties, geopolitical tensions, and strong demand...