Manufacturing Surge Is Tempering the Magnitude of Recession
We are revising up our forecast of Singapore's real GDP growth in 2020, to +1.5% (from -1% previously) because of the remarkable resilience of...
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YTD Performance Highlights of Singapore-Focused ETFs
In the 2020 YTD, Singapore-focused ETFs listed on SGX have seen net inflows of S$418 million, as investors seek attractive valuations and...
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OCBC – Only The Beginning
*Weak Quarter: OCBC posted a messy set of results in 1Q20 – as earnings declined SGD 545 mn (43.8%) linked quarter. Credit quality and Great...
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Singapore Exchange – Outperformance Will Not Continue
* Significant Increase Over FY 2Q20: Singapore Exchange (SGX.SP) reported FY 3Q20 NPAT of SGD 137.5 mn, increasing SGD 38.5 mn (38.9%) linked...
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Houston, We Have A Problem
* Pay Me To Take Your Assets: Yesterday, US West Texas Intermediate (WTI) crude futures closed at a negative USD 37.63 per barrel (bbl) [yes,...
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