Category: Market Updates

Trip.com Poised for Strong Outbound Travel Growth Amid Global Expansion and Holiday Demand Surge

minichart

September 20, 2024

Date: September 19, 2024Broker: China Galaxy International Takeaways from the Conference Call with Investors Trip.com held a Non-Deal Roadshow (NDR) call with investors on September 17, 2024. Management shared updates on expected growth during...

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Bursa KLSE stocksMarket Updates

WCT Holdings Unveils Paradigm REIT to Strengthen Balance Sheet and Boost Growth

minichart

September 20, 2024

Date: September 19, 2024Broker Name: CGS International Securities Malaysia Sdn. Bhd. Shariah Compliance and ESG Score Shariah Compliance: WCT Holdings is identified as Shariah-compliant, which may appeal to certain institutional and individual investors. ESG...

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Bursa KLSE stocksMarket Updates

Eco World Development Group Bhd Surpasses FY24 Sales Target with Robust Earnings Growth

minichart

September 20, 2024

Date of Report: September 19, 2024Broker Name: CGS International Securities Malaysia 9MFY24 Results Performance Eco World Development Group Bhd (EWDG) reported a core net profit of RM231.9 million for 9MFY24, which represents 78% of...

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Market Updates

Huitongda: Navigating Product Mix Upgrades Amid Market Challenges

minichart

September 20, 2024

Date: September 19, 2024Broker Name: China Galaxy International Securities (Hong Kong) Co., Limited 1H24 Financial Performance Huitongda’s 1H24 sales declined by 24% year-over-year (yoy), reaching Rmb32.8bn, while its net profit plummeted by 49% to...

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Bursa KLSE stocksMarket Updates

CLMT is projected to achieve a 3-year earnings per unit (EPU) CAGR of 8.2% over FY23-26

Minichart

September 20, 2024

CapitaLand Malaysia Trust (CLMT) – 3QFY24 Report Summary CapitaLand Malaysia Trust (CLMT) is positioned for steady growth, leveraging the strong performance of its key retail and industrial assets. Below is a detailed overview based...

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Bursa KLSE stocksMarket Updates

Eco World Development Bhd forward price-to-earnings (PE) ratio of 16-20x for FY24-FY26, which is lower than its 10-year average of 32x.

Minichart

September 20, 2024

Eco World Development Bhd (ECW) has delivered a strong performance in 3QFY24, surpassing expectations with a core net profit of RM89.2 million, reflecting a 24% quarter-on-quarter (qoq) and 34% year-on-year (yoy) increase. This was...

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Market Updatesstock of the day

Lion OCBC Securities Hang Seng TECH ETF (HST) has recently broken above a key resistance level

Minichart

September 19, 2024

The Lion OCBC Securities Hang Seng TECH ETF (HST) has recently broken above a key resistance level, a price point that historically acts as a ceiling where traders tend to sell. This breakout suggests...

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Market UpdatesSingapore SGX stocks

Sembcorp Industries Expands Market Share with Strategic Stake in Senoko Energy

minichart

September 19, 2024

Date: September 18, 2024 Broker: Maybank Research Pte Ltd Overview Sembcorp Industries (SCI) is a leading energy and urban solutions provider headquartered in Singapore. The company focuses on providing sustainable solutions and utilities services,...

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Hong Kong stocksMarket Updates

CK Asset (1113 HK) Surges 4.3% Ahead of Fed Rate Decision

minichart

September 19, 2024

Date: 19 September 2024Broker: MIB Securities (Hong Kong) Ltd Strong Performance Ahead of Fed Rate Decision CK Asset (1113 HK) saw a notable increase in its stock price, surging by 4.3% as Hong Kong...

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Market Updates

Galaxy Ent. (27 HK) Positioned to Capitalize on Strong Holiday Traffic During Mid-Autumn Festival

minichart

September 19, 2024

Date: 19 September 2024Broker: MIB Securities (Hong Kong) Ltd Strong Mid-Autumn Festival Visitation Galaxy Entertainment (27 HK) is expected to benefit from a strong surge in visitor arrivals during the Mid-Autumn Festival holiday period....

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