In FTSE’s latest semi-annual review of its ST Index series, 20 component stocks were added to the FTSE ST Fledgling Index, while eight were removed. After changes that took effect on 19 March, the Fledgling Index now comprises 219 stocks, with a combined market capitalisation of $25.7 billion. In the
The 4Q17 earnings season ended two weeks ago with largely uninspiring results. According to CIMB, companies missing the mark outweighed those that beat expectations by 15 to seven. Sectors like shipyards, aviation and telecommunications showed disappointing results.
Spike in the 10-year bond and fears over inflation have led to a sell-off among S-REITs in recent weeks. Some investors have raised concerns that this resembles the painful memories of 2013 where S-REITs plunged 22 percent. However, in DBS’s opinion, the recent sell-off is different and largely overdone
DBS Research has been looking at several small-mid-cap stocks due to the positive results announced in the latest quarter. In fact, according to DBS, there are “at least 16 Small-mid Caps… offering more than 10 percent earnings growth” in the FY18.
The stock market is still undecided on its direction as it continues ebbing up and down. The technical tools for analyzing trends in the stock market are also not perfect.
Supermarkets play a crucial role in our daily lives as the ease of accessibility, fresh and low-cost food offerings are the key factors that appeal to consumers. In the latest 2017 December report by Singapore’s Department Of Statistics, retail sales of supermarkets grew by 8.2 percent year-on-year.
In the 2018 YTD and last 12 months, the FTSE ST Fledgling Index is the best-performing index in the FTSE ST Index series, with price gains of 6.8% and 13.4% respectively. In comparison, the STI has generated price gains of 4.4% and 12.9% in the YTD and last 12 months respectively, while the FTSE ST [
The Singapore government’s infrastructure expenditure has been led by initiatives to build and enhance the nation’s public transport network and housing framework. 19 companies listed on SGX have operations focused in property development and construction. They have a combined market capitalisation of
Following the part two of our three-part series, here are the last three of the nine stocks that UOBKH thinks you should add to your China portfolio.
Shares Investment previously featured LY Corporation in early February 2018, in conjunction with the group’s listing. Click HERE for the detailed write-up about the insights we gain from our meet up with the management. In this article, we will follow up on the group’s latest FY17 earnings result.
According to Medical Tourism Index, a global destination-type performance measure for attractiveness of healthcare services of a country, Singapore ranked fourth on the global scale just behind Canada, UK and Israel in 2016. As the leading medical destination in the region, the Singapore economy has
In today’s world, we are not just being threatened by a typical military warfare but also face two other high degree menaces in cyberwar and trade war. The latter two may not kill physical human beings but can destroy the enemy’s economy many times worse than the conventional ways.
Following the first part of our three-part series, we continue to highlight another three stocks that UOBKH thinks you should add to your China portfolio.
In the last month of February 2018, US investors were taken on a rollercoaster ride as volatility returned to the stock market.
In February, many of the stocks took a hit and went down amidst fear of interest rate hikes and uncertainties over US’s inflation. However, given the backdrop of global economic growth, UOBKH opines that these “recovery plays and reflation picks” will still do well.
If you are worried about a possible market crash, here is DBS advice for you: Opportunity, not calamity. DBS believes that the recent market correction is an opportunity to bargain hunt as the market takes a breather. According to DBS’ estimates, the earnings growth trend seems to be on an accelerated
Post-restructuring, Jubilee returned to profitability and reported a net profit of $0.8 million in 1H18 after two years of losses since the acquisition of its electronic components distribution (ECD) business in January 2015. Originially, Jubilee was a pure-play mechanical moulding company until it underwent
Last month, Shares Investment featured JB Foods as a company operating in an industry that will never become obsolete. Since then, the producer of cocoa ingredient products saw its shares, which were trading at around $0.61, climb as much as 14.8 percent in less than three weeks to a high of $0.70 on
City Developments (CDL) achieved a 55% jump in residential home sales value sold for 2017 despite the absence of new residential launch, on the back of continued healthy uptake for launched local residential properties. Apart from the buoyant sales, the group has also completed 4 land acquisitions which
Staging a successful turnaround coupled with a potential for further growth are usually the two key ingredients of a recipe found in the making of multi-bagger stocks. Chances are such companies are not even well-covered by analysts or being discussed in the media and hence resulting in a low demand
Late into the fortnight, Wall Street’s advance was halted by President Trump’s plan to impose tax tariffs on steel and aluminum imports which could potentially spark a global trade war. The concerns were further intensified by the unexpected resignation of top White House economic adviser Gary Cohn who
In its latest 2Q18 results, NRA Capital noted that local-listed property developer TEE Land saw significant improvements to fundamentals, after substantially selling down its legacy projects. According to NRA Capital Head of Research Liu Jinshu, older completed properties have weighed on TEE Land’s profitability
The overall Chinese market had a solid performance in 2017. MSCI China index rose 52.3 percent in 2017, far outperforming Shanghai A-shares' 6.6 percent rise. In terms of valuation, the MSCI index is now trading at 12-month forward price-to-earnings (P/E) of 14.1 times. This is the highest since