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Market UpdatesSingapore SGX stocks

Mencast Holdings Ltd Bullish Trend Analysis & Singapore Economic Outlook – November 2025 Retail Research Report

Posted on November 28, 2025 at 8:33 am (GMT+8)

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Broker Name: CGS International
Date of Report: November 27, 2025

Excerpt from CGS International report.

Report Summary

  • Mencast Holdings Ltd is showing a strong bullish trend continuation, with technical indicators signaling further potential upside. The stock has surpassed previous targets, suggesting ongoing momentum in the marine and oil & gas MRO sector.
  • Singapore’s Industrial Production Index surged by 29.1% year-on-year in October 2025, led by robust biomedical and manufacturing output, prompting an upward revision of 2025 GDP growth forecast to 4.3%.
  • US-Russia-Ukraine diplomatic efforts are ongoing, with US presidential envoy Steve Witkoff set for peace talks in Moscow, highlighting ongoing geopolitical uncertainties.

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.sg

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