Broker Name: CGS International
Date of Report: February 20, 2026

Excerpt from CGS International report.

Report Summary

• Geopolitical tensions, particularly involving the US and Iran, have influenced global markets, driving oil and gold prices higher and causing market volatility.
• Singapore-listed Marco Polo Marine Ltd is highlighted for a bullish technical outlook, with strong uptrend signals and multiple price targets, following a significant price rally and ongoing positive momentum.
• China’s Internet Services sector—especially music streaming via NetEase Cloud Music and Tencent Music Entertainment—remains favored, with stable market share and flexible pricing models despite competitive concerns.
• The report outlines technical analysis and support/resistance levels for Marco Polo Marine, noting strong volume and bullish indicators.
• Extensive disclaimers clarify distribution restrictions, legal responsibilities, and potential conflicts of interest across different jurisdictions.
• Stock and sector rating frameworks are defined, with “Add” indicating expected returns above 10% over 12 months.

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/