Broker Name: Lim & Tan Securities
Date of Report: 19 March 2026
Excerpt from Lim & Tan Securities report.
Report Summary:
- US equity markets declined as the Federal Reserve kept interest rates unchanged, signaled caution on future rate cuts, and raised inflation projections amid persistent price pressures and geopolitical uncertainties.
- Singapore banks are seen as potential beneficiaries of higher-for-longer interest rates, while REITs may be less favored; recent upgrades suggest accumulating banks on price weakness due to macro/geopolitical risks and upcoming dividends.
- Geo Energy Resources reported strong business updates, including an 80% completion of its MBJ infrastructure project, higher coal prices, and new haulage agreements, positioning the company for improved earnings in 2026.
- Chinese automakers are increasing gasoline vehicle exports as domestic EV adoption surges, impacting global auto markets; meanwhile, Bitcoin’s price action has decoupled from typical macro drivers, highlighting ongoing market volatility.
- Recent SGX fund flow data indicates institutional investors were net sellers while retail investors were net buyers, with sector flows shifting week to week.
- Multiple listed companies announced share buybacks and dividend distributions, with ex-dividend dates and payment schedules provided for various stocks.
Above is an excerpt from a report by Lim & Tan Securities. Clients of Lim & Tan Securities can be the first to access the full report from the Lim & Tan Securities website: https://www.limtan.com.sg
