Singapore Market Roundup, Singapore Market Roundup

Singapore Market Roundup

Thematic (Sector/Industry)

<ul><li>UOB Kay Hian raises Digital Core REIT TP to 99 US cents, highlighting positive developments in the company.</li><li>UOB Kay Hian maintains 'buy' rating on SingPost, stating that divestments are progressing as planned.</li><li>DBS notes that despite a soft Singapore retail sector, premium groceries have long-term potential for growth. UOB Kay Hian also reveals top Malaysian stock picks in property, construction, and energy sectors.</li></ul>

UOB Kay Hian raises Digital Core REIT TP to 99 US cents, highlighting positive developments in the company.UOB Kay Hian maintains 'buy' rating on SingPost, stating that divestments are progressing as planned.DBS notes that despite a soft Singapore retail sector, premium groceries have long-term potential for growth. UOB Kay Hian also reveals top Malaysian stock picks in property, construction, and energy sectors.

Singapore Market Roundup (09-Jan-2025): UOB Kay Hian raises Digital Core REIT TP to 99 US cents.

<ul><li>Despite softness in Singapore retail, DBS remains optimistic about premium groceries, focusing on that market.</li><li>UOB Kay Hian's top Malaysian stock picks include JS-SEZ, benefiting from property, construction, and energy sectors.</li><li>DBS raises ratings for PropNex &amp; APAC Realty to 'buy', citing a strong new launch pipeline in 2025, and sold SingPost shares.</li></ul>

Despite softness in Singapore retail, DBS remains optimistic about premium groceries, focusing on that market.UOB Kay Hian's top Malaysian stock picks include JS-SEZ, benefiting from property, construction, and energy sectors.DBS raises ratings for PropNex &amp; APAC Realty to 'buy', citing a strong new launch pipeline in 2025, and sold SingPost shares.

Singapore Market Roundup (08-Jan-2025): DBS cautious on SG retail, bullish on premium groceries.

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

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Equity Bottom-Up

<ul><li>Wing Tai chairman Cheng Wai Keung continues building deemed interest Heavy lifting specialist Sin Heng Heavy Machinery also bought back 648,200 shares at an average price of S$0.49 per share.</li><li>Wing Tai Holdings chairman and managing director Cheng Wai Keung continued to build his deemed interest in the company, through his spouse Helen Chow acquiring shares.</li></ul>

Wing Tai chairman Cheng Wai Keung continues building deemed interest Heavy lifting specialist Sin Heng Heavy Machinery also bought back 648,200 shares at an average price of S$0.49 per share.Wing Tai Holdings chairman and managing director Cheng Wai Keung continued to build his deemed interest in the company, through his spouse Helen Chow acquiring shares.

Wing Tai Chair Cheng Wai Keung Continues Building Deemed Interest

<ul><li>Banks lead Q3 2023 net institutional inflow INSTITUTIONS were again net buyers of Singapore stocks over the five trading sessions through to Oct 5, with S$100 million of net institutional inflow, and 24 primary-listed companies conducting buybacks with a total consideration of S$38.5 million.</li><li>ComfortDelGro saw S$71 million of net institutional fund inflow in Q3 2023, after booking S$44 million of net institutional fund outflow in H1 2023.</li></ul>

Banks lead Q3 2023 net institutional inflow INSTITUTIONS were again net buyers of Singapore stocks over the five trading sessions through to Oct 5, with S$100 million of net institutional inflow, and 24 primary-listed companies conducting buybacks with a total consideration of S$38.5 million.ComfortDelGro saw S$71 million of net institutional fund inflow in Q3 2023, after booking S$44 million of net institutional fund outflow in H1 2023.

Banks lead Q3 2023 net institutional inflow

<ul><li>Wilmar chairman Kuok, QAF MD Lin Kejian continue to build interests OCBC led the share buyback consideration tally, buying back 2 million shares at an average price of S$12.67 per share, followed by Olam Group, which bought back 7 million shares at an average price of S$1.08 per share.</li><li>Between Sep 13 and Sep 15, QAF joint group managing director and executive director Lin Kejian acquired 945,600 shares at an average price of S$0.824 per share.</li></ul>

Wilmar chairman Kuok, QAF MD Lin Kejian continue to build interests OCBC led the share buyback consideration tally, buying back 2 million shares at an average price of S$12.67 per share, followed by Olam Group, which bought back 7 million shares at an average price of S$1.08 per share.Between Sep 13 and Sep 15, QAF joint group managing director and executive director Lin Kejian acquired 945,600 shares at an average price of S$0.824 per share.

Wilmar’s Chairman Kuok & QAF MD Lin Kejian Continue to Build Interests

Singapore

Thai Beverage Public Company Limited produces a wide range of branded beer and spirits in Thailand.

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Thai Beverage (THBEV SP)

Singapore Market Roundup (09-Jan-2025): UOB Kay Hian raises Digital Core REIT TP to 99 US cents.

UOB Kay Hian raises Digital Core REIT TP, maintains 'buy' on SingPost, highlights potential in premium groceries; DBS notes soft retail sector and...

Singapore Market Roundup

Singapore Market Roundup (08-Jan-2025): DBS cautious on SG retail, bullish on premium groceries.

DBS remains optimistic about premium groceries despite softness in Singapore retail, UOB Kay Hian recommends JS-SEZ for property, construction, and...

Singapore Market Roundup

Wing Tai Chair Cheng Wai Keung Continues Building Deemed Interest

Wing Tai chairman Cheng Wai Keung continues building deemed interest Heavy lifting specialist Sin Heng Heavy Machinery also bought back 648,200...

Singapore Exchange Ltd (SGX)

Banks lead Q3 2023 net institutional inflow

Banks lead Q3 2023 net institutional inflow INSTITUTIONS were again net buyers of Singapore stocks over the five trading sessions through to Oct...

Singapore Exchange Ltd (SGX)

Wilmar’s Chairman Kuok & QAF MD Lin Kejian Continue to Build Interests

Wilmar chairman Kuok, QAF MD Lin Kejian continue to build interests OCBC led the share buyback consideration tally, buying back 2 million shares...

Singapore Exchange Ltd (SGX)

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