Thursday, October 10th, 2024

Category: Market Updates

Market Updates

Siam Cement Focuses on Green Innovation and Cost Efficiency to Drive Future Growth

minichart
September 17, 2024

Siam Cement Focuses on Green Innovation and Cost Efficiency to Drive Future Growth

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Bursa KLSE stocksMarket UpdatesUS stocks

Kossan Rubber Positioned to Capitalize on U.S. Tariff Hikes and Global Glove Demand Shift

minichart
September 17, 2024

Date of Report: September 17, 2024Broker Name: UOB Kay Hian Overview of Kossan Rubber Kossan Rubber is one of Malaysia’s leading glove manufacturers, specializing in rubber gloves for medical and industrial use. The company...

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Market Updates

Hartalega Positioned for Strong Growth Amid U.S. Tariff Hikes on Chinese Glove Exports

minichart
September 17, 2024

Hartalega Positioned for Strong Growth Amid U.S. Tariff Hikes on Chinese Glove Exports

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Bursa KLSE stocksMarket Updates

Top Glove Set to Reclaim Market Share as US Tariffs Hit China Competitors

minichart
September 17, 2024

Date of Report: September 17, 2024Broker Name: UOB Kay Hian Overview of Top Glove Top Glove is Malaysia’s largest glove manufacturer, recognized globally for its significant production capacity and leadership in the medical glove...

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Market Updates

ECARX (ECX US/BUY/US$1.75/Target: US$3.40)

minichart
September 17, 2024

Date of Report: September 17, 2024 Broker Name: UOB Kay Hian Overview of ECARX Holdings ECARX Holdings (Bloomberg ticker: ECX US) is a leading automobile intelligent solutions provider, primarily engaged in the research and...

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Market Updates

XL Axiata’s Strategic Acquisition Set to Boost 2025 Revenue by 8%

minichart
September 17, 2024

Date of Report: September 17, 2024Broker Name: UOB Kay Hian Overview of XL Axiata XL Axiata (Bloomberg ticker: EXCL IJ) is a telecommunications service provider in Indonesia, primarily engaged in offering cellular and mobile...

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commoditiesMarket Updates

Commodity market update

Minichart
September 16, 2024

China’s refinery output falls for a fifth month as fuel demand disappoints China’s oil refinery output in August fell 6.2% from a year earlier, official data showed on Saturday, declining for the fifth month...

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Market UpdatesSingapore SGX stocks

Yangzijiang Shipbuilding

minichart
September 16, 2024

Date: 16 September 2024 Broker Name: UOB Kay Hian Private Limited Yangzijiang Shipbuilding (YZJSGD) is showing a bullish outlook, supported by favorable technical analysis indicators. The stock is currently trading at S$2.56, and analysts...

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Market UpdatesSingapore SGX stocks

Singapore Tech Engineering Maintains Bullish Momentum with Strong Trading Signals

minichart
September 16, 2024

Date: 16 September 2024 Broker Name: UOB Kay Hian Private Limited Singapore Tech Engineering (STE) is currently experiencing a bullish trend, supported by favorable technical indicators. As of the last trading session, the stock...

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Bursa KLSE stocksMarket Updates

Telekom Malaysia: 13.3x FY25F P/E and 3.9% FY24F dividend yield attractive

Minichart
September 16, 2024

Telekom Malaysia Upgrade cycle to continue We raise our FY24F/25F/26F core net profits by 3.3%/1.1%/1.7% post 2Q24 results, leaving us at 104%/115%/122% of Bloomberg consensus estimates. Despite increased competition in retail broadband, we see...

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