Category: Market Updates

Market UpdatesSingapore SGX stocksstock of the day

Should You Accept the Cash Offer for Broadway Industrial? Key Insights and Analysis

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December 13, 2024

For details specific to the Broadway Industrial takeover On October 28, 2024, Patec Pte. Ltd. (“Patec”) initiated a mandatory conditional cash offer to acquire all issued and paid-up ordinary shares of Broadway Industrial Group...

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Market UpdatesSingapore SGX stocksstock of the day

Wee Hur’s Trading Halt Sparks Market Buzz: What’s Next for the Diversified Giant?

minichart

December 13, 2024

Wee Hur Holdings Ltd. (SGX:E3B) has requested a trading halt, prompting market speculation about potential developments within the company. While the company has not provided specific reasons for the halt, recent market chatter suggests...

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Market UpdatesUS stocks

Elon Musk’s Support for Weight-Loss Drugs Could Propel Eli Lilly Stock: Analysts See 40% Upside

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December 13, 2024

A Presidential Boost for GLP-1s? Eli Lilly’s stock, recently hit by postelection volatility, could see a remarkable turnaround, driven in part by high-profile endorsements. Bernstein analysts point to positive signals that suggest the pharmaceutical...

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IPOMarket Updatesstock of the dayUS stocks

Anteris Technologies IPO: A Game-Changer in Heart Valves, Oversubscribed by 9x

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December 13, 2024

1. IPO Details Purpose of IPO: Anteris Technologies plans to use IPO proceeds to advance R&D for its flagship DurAVR transcatheter heart valve, expand production facilities, and boost global commercialization. Approximately $100 million of...

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Hong Kong stocksIPOMarket Updatesstock of the day

Herbs Generation IPO Blossoms with 11 Billion in Margin Loans: A Strong Start for Natural Wellness Leader

minichart

December 13, 2024

1. IPO Details Purpose of IPO: Herbs Generation is raising approximately HK$140 million (USD $18 million) to fund production capacity expansion, R&D for innovative herbal products, and to bolster its distribution network. A smaller...

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Bursa KLSE stocksMarket Updates

Bermaz Auto Stock: Strong 2H Outlook, 9% Dividend Yield – Buy Rating

minichart

December 13, 2024

Comprehensive Financial Analysis: Bermaz Auto Berhad and Industry Insights Comprehensive Financial Analysis: Bermaz Auto Berhad and Industry Insights Broker Name: Maybank Investment Bank Berhad Date of Report: December 13, 2024 Introduction to Bermaz Auto...

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Bursa KLSE stocksMarket Updates

Eco World Development Surpasses Expectations: Record Sales and Strong Profits Drive Bullish Outlook

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December 13, 2024

Eco World Development: A Detailed Analysis Eco World Development: A Detailed Analysis Date: December 13, 2024 Broker: Maybank Investment Bank Berhad Introduction In the latest research report prepared by Maybank Investment Bank Berhad, the...

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Market Updates

XL Axiata Merges with Smartfren: Game-Changing Deal in Indonesian Telecom Sector

minichart

December 13, 2024

Comprehensive Analysis of XL Axiata and Other Key Companies Date: December 12, 2024 Broker: PT Maybank Sekuritas Indonesia Overview of XL Axiata’s Strategic Moves XL Axiata, Indonesia’s third-largest mobile network operator, has recently announced...

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Market Updates

Amazon Smashes Records: Black Friday Sales Soar as AWS Unveils Game-Changing AI Models

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December 13, 2024

Amazon: A Comprehensive Analysis of Market Dynamics and Growth Potential Amazon: A Comprehensive Analysis of Market Dynamics and Growth Potential Date: 25 November 2024 Broker Name: OCBC Investment Research Introduction to Amazon’s Market Position...

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Market UpdatesSingapore SGX stocks

Singapore Stock Market Update: AIMS APAC REIT Advances Sustainability Initiatives Amid Market Fluctuations

minichart

December 13, 2024

A Comprehensive Analysis of Key Companies in the Singapore Financial Landscape Report by Lim & Tan Securities Date: December 13, 2024 Introduction The Singapore financial landscape is a bustling hub of activity, with various...

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