Broker Name: CGS International
Date of Report: November 3, 2025
Excerpt from CGS International report.
Report Summary:
- A new US-China trade pact suspends China’s export controls on rare earth metals and halts planned US tariffs, helping stabilize global markets in the short term.
- Ever Glory United Holdings Ltd (Singapore) is showing a strong and sustained technical uptrend, with bullish signals across multiple technical indicators and a positive volume expansion.
- The MSCI Singapore Free SGD Index edged up 0.54% in October 2025, though underlying challenges remain for the local market.
- CGS International maintains its SIMSCI target at 463.8 points, based on a forward P/E of 15.5x.
- Comprehensive disclaimers and distribution restrictions are included for various jurisdictions, emphasizing the report’s confidential nature and limited audience.
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
