Singapore Market Roundup, Singapore Market Roundup

Singapore Market Roundup

Thematic (Sector/Industry)

<ul>
<li>Morningstar's positive assessment of SGX boosts the company's value, attracting optimism from major financial institutions like Citi, Morgan Stanley, and RHB.</li>
<li>Maybank's decision to maintain a 'buy' rating on Sembcorp and raise its target price follows the company's deal to import renewable energy from Malaysia, indicating confidence in its future prospects.</li>
<li>DBS sells off 54,600 CLINT units for $61,152, suggesting the bank may be reallocating its investment portfolio or adjusting its positions in certain assets.</li>
</ul>


Morningstar's positive assessment of SGX boosts the company's value, attracting optimism from major financial institutions like Citi, Morgan Stanley, and RHB.
Maybank's decision to maintain a 'buy' rating on Sembcorp and raise its target price follows the company's deal to import renewable energy from Malaysia, indicating confidence in its future prospects.
DBS sells off 54,600 CLINT units for $61,152, suggesting the bank may be reallocating its investment portfolio or adjusting its positions in certain assets.


Singapore Market Roundup (12-Dec-2024): Morningstar Boosts SGX's Value

Malaysia

Tenaga Nasional Berhad transmits, distributes, and sells electricity under license issued by the Director General of Electricity Supply. Through its subsidiaries, the Company manufactures, sells and repairs transformers and switchgears. Tenaga Nasional also provides project management and consultancy, engineering works and energy project development services.

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Tenaga Nasional (TNB MK)

Singapore Market Roundup (12-Dec-2024): Morningstar Boosts SGX's Value

Morningstar's positive assessment of SGX boosts the company's value, attracting optimism from major financial institutions like Citi, Morgan...

Singapore Market Roundup

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