10392
A place for the Singapore investment community to share information, research and updates.
🎉 Join us on Facebook Live http://bit.ly/3cIxdNt at 8:45 am SGT on Monday, as we ring the bell for financial literacy to mark the start of the day’s securities trading.
In support of World Federation of Exchanges and World Investor Week 2024 to raise awareness for financial education and literacy, SGX Group is delighted to have our partners join us for this celebration. Singapore Polytechnic Enterprise Institute for Financial Literacy and the Monetary Authority of Singapore will join us to ‘Ring the Bell for Financial Literacy’ on this special occasion.
#SGXGroup #SGXSecurities #SGXCares #SGXSMO #WIW2024 #WorldInvestorWeek2024 #FinancialLiteracy #FinLit
iFAST Daily Brew ☕️ - 11 Oct 2024
US markets dipped after sticky CPI report, year-high jobless claims; Hang Seng Index rebounded on China central bank’s liquidity moves
🇺🇸 S&P 500: -0.19% 📉
🇺🇸 NASDAQ: -0.05% 📉
🇪🇺 STOXX 600: -0.17% 📉
🇯🇵 Nikkei 225: 0.26% 📈
🇭🇰 Hang Seng: 2.98% 📈
🇨🇳 CSI 300: 1.09% 📈
🇸🇬 STI: -0.29% 📉
3 Things You Need To Know
1. AMD introduced new AI chips, the Instinct MI325X, which is set for mass production in 4Q2024, and the next-gen MI350 series chips, expected in 2H2025, featuring enhanced memory and performance which could potentially compete with Nvidia's upcoming Blackwell GPUs.
2. Tesla's highly anticipated "We, Robot" event is expected to reveal a dedicated robotaxi design, updates on Full Self-Driving (FSD) software, the Optimus humanoid robot and possibly a USD 25,000 EV in a crucial moment for the company to prove its tech disruptor status.
3. Beijing has intensified monitoring of wealth management products (WMPs) after investors withdrew USD 149 billion to chase a stock market rally where regulators instructed banks and fund houses to track WMP flows daily and ensure liquidity for short-term redemptions as the surge in withdrawals has strained corporate bond markets, raising concerns over financial instability.
___
Follow us on Instagram for more bite-sized investing ideas!
Email feed
FW: Dim Sum Daily - ASEAN 6 - Equity returns moderate but regional prospects stay healthy
Economists expect MAS to hold currency band steady amid sticky prices
https://www.businesstimes.com.sg/companies-markets/banking-finance/economists-expect-mas-hold-currency-band-steady-amid-sticky-prices
S-REITs Properties Map - Singapore Healthcare & Hospitality Properties
https://www.reit-tirement.com/2024/10/s-reits-properties-map-singapore_9.html
How To Profit Against Huge Inflation Ahead
http://www.3foreverfinancialfreedom.com/2021/06/how-to-profit-against-huge-inflation.html
Maybank IBG Kopi-O (11 Oct 2024)
The KLCI closed higher, tracking regional market movements, with the energy sector being the only one in the red as profit- taking persisted with the pullback in crude oil markets. As US 3Q2024 earnings season kicks off tonight, investors will be closely watching results from major financial players to assess the impact of the recent Fed rate cut. Hong Kong is closed for the Double Ninth Festival holiday today.
For more stock ideas and market flows, access Market Insight on Maybank Trade on Apple Store and Google Play now.
Trade Your Way Forward. Simple, Smart and Seamlessly.
#MaybankIBGRetailResearch
#MaybankIBGDailyKopi
China investors expect $369 billion of new stimulus this weekend
https://www.straitstimes.com/business/economy/china-investors-expect-369-billion-of-new-stimulus-this-weekend
Exclusive-Japan payments company Infcurion says planning IPO in 2025
https://www.channelnewsasia.com/business/exclusive-japan-payments-company-infcurion-says-planning-ipo-2025-4672141
Tesla’s Musk to unveil robotaxis amid fanfare and scepticism
https://www.businesstimes.com.sg/companies-markets/transport-logistics/teslas-musk-unveil-robotaxis-amid-fanfare-and-scepticism
Email feed
OIR Alphabet Inc (GOOGL US / GOOG US) - Opening Salvo
Maybank IBG Traders’ Almanac
(11 Oct 2024) - KLCI gains but energy takes a hit
Technical Trading Ideas💡for today:
1️⃣ MY E.G SERVICES BHD – 0138 (S)
2️⃣ MUHIBBAH ENGINEERING (M) BHD – 5703 (S)
3️⃣ ANCOM NYLEX BERHAD – 4758 (S)
4️⃣ CPO FUTURES (CP: MYR 4,298)
5️⃣ KLCI INDEX FUTURES (CP: 1,644.0)
Note: S - Shariah Compliant
For the full report, stock ideas, and market flows, access Market Insight on Maybank Trade on Apple Store and Google Play.
#MaybankIBGResearch
#MaybankIBGTA
BlackRock, GIC to invest in Hyundai Motor India’s record-breaking IPO
https://www.straitstimes.com/business/blackrock-gic-to-invest-in-hyundai-motor-india-s-record-breaking-ipo
Morning with UOB Kay Hian:
👷 Seatrium Ltd
✔️ Buy Seatrium Ltd Recommendation
✔️ Buy Seatrium at S$1.99-2.00. Stop at S$1.91 and profit target at S$2.36
✔️ Price is trading far above the cloud, keeping the strong uptrend intact
✔️ Conversion and base lines remain in a bullish crossover
MACD is strong and bullish
5 US Growth Stocks with Share Prices Breaking Their 52-Week Highs: Are They an Attractive Buy?
Here are five US stocks whose share prices touched a year-high. We explore if they should be included in your buy watchlist.
📌 https://thesmartinvestor.com.sg/5-us-growth-stocks-with-share-prices-breaking-their-52-week-highs-are-they-an-attractive-buy/
Curated Headlines for 11 October 2024
South China Morning Post
China’s EV war: BYD, peers take discounting to new lows at expense of margins
EV makers slashed prices on 124 models from January to September, while prices on 71 petrol car models also cheapened, industry association says
https://www.scmp.com/business/china-business/article/3281896/chinas-ev-war-byd-peers-take-discounting-new-lows-expense-margins?module=top_story&pgtype=section
Huawei’s China smartphone sales in August beat Apple for first time in 46 months: report
That aligns with data showing a 12.7 per cent year-on-year decline in foreign smartphone shipments, including those of Apple, in August
https://www.scmp.com/tech/big-tech/article/3281858/huaweis-china-smartphone-sales-august-beat-apple-first-time-46-months-report?module=top_story&pgtype=section
Xpeng bets on Eagle Eye technology to enhance autonomous driving in new P7+ sedan
The Eagle Eye system is more accurate in information collection than lidar sensors used in its existing models like P5 sedan and G6 SUV
https://www.scmp.com/business/china-business/article/3281910/xpeng-bets-eagle-eye-technology-enhance-autonomous-driving-new-p7-sedan?module=top_story&pgtype=section
The Business Times
McDonald’s CEO says company is preparing for ‘challenging’ 2025
https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/mcdonalds-ceo-says-company-preparing-challenging-2025
AMD sees next AI chip in mass production later this year
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/amd-sees-next-ai-chip-mass-production-later-year
Oil prices jump 4% on US storm and Israel-Iran fears
https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-jump-4-us-storm-and-israel-iran-fears
The Wall Street Journal
Inflation Continues Its Bumpy Decline With Mixed September Reading
The data marks one of the last major inflation reports voters will see before Election Day
https://www.wsj.com/economy/central-banking/cpi-report-inflation-september-interest-rate-06f596b0?mod=hp_lead_pos3
Musk’s AI Ambitions Approach Make-or-Break Moment With Tesla Robotaxi Reveal
The electric-car maker also is expected to detail plans for an Uber-style ride-hailing service
https://www.wsj.com/business/autos/elon-musk-tesla-robotaxi-acfc5e3b?mod=hp_lead_pos5
Scooter Braun tells Taylor Swift fans it’s ‘time to move on’
Read: https://link.theedgesingapore.com/gbUi7BD6HkLRTsZEA
Follow us on: @theedgesg
Singapore shares open higher on Friday; STI up 0.4%
https://www.businesstimes.com.sg/companies-markets/singapore-shares-open-higher-friday-sti-0-41
HUYA Inc. - Post-Merger + Transformation in Business Model + Undemanding Valuation
http://www.3foreverfinancialfreedom.com/2021/06/huya-inc-post-merger-entity.html
My Thought Process On Writing a Put Option - With Actual Case Study On Citibank (NYSE: C)
http://www.3foreverfinancialfreedom.com/2021/06/my-thought-process-on-writing-put.html
South Korea’s central bank cuts rates as slumping economy slows inflation
https://www.businesstimes.com.sg/companies-markets/banking-finance/south-koreas-central-bank-cuts-rates-slumping-economy-slows-inflation
7-Eleven owner will split into two to fend off $61.5 billion takeover bid
https://www.straitstimes.com/business/companies-markets/7-eleven-owner-will-split-into-two-to-fend-off-615-billion-takeover-bid
🇭🇰 Chung Yeung Festival
Please be informed that there will be no market making for all Hong Kong structured warrants on Friday (11 October 2024) in conjunction with the Chung Yeung Festival holiday.
All market making activities for Hong Kong structured warrants will resume on Monday (14 Oct 2024).
South Korea's central bank cuts rates as slumping economy slows inflation
https://www.channelnewsasia.com/business/south-koreas-central-bank-cuts-rates-slumping-economy-slows-inflation-4672111
Five stories to start your day:
1. US CPI rises more than forecast, stalling inflation progress
2. Fortress Minerals reports earnings of US$6.8 mil in 1HFY2025, down 4.4% y-o-y
3. FLCT renews lease with Commonwealth of Australia
4. Estate of Dyna-Mac’s founding shareholder issues follow-up statement after offer document
5. Straits Trading Company partners SDAX to offer investment opportunities to its Shareholders’ Club
📰 Follow us on @theedgesg for market-moving news and the latest headlines.
J&J talc bankruptcy stays in Texas despite ‘forum-shopping’ opposition
https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/jj-talc-bankruptcy-stays-texas-despite-forum-shopping-opposition
5 Singapore REITs Poised to Benefit from US Federal Reserve’s Interest Rate Cuts
https://www.thesingaporeaninvestor.sg/2024/09/24/5-singapore-reits-poised-to-benefit-from-us-federal-reserves-interest-rate-cuts/?utm_source=rss&utm_medium=rss&utm_campaign=5-singapore-reits-poised-to-benefit-from-us-federal-reserves-interest-rate-cuts
CNBC Television (Youtube)
TITLE
(OPTIMIZED VIDEO SPECIFIC DESCRIPTION)
For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
https://www.cnbc.com/select/best-credit-cards/
#CNBC
#CNBCTV
TRADING IDEAS: 🇺🇸 UNITED STATES
11 October 2024
🏭 On Holding AG (ONON US): Embracing shopping season
BUY Entry – 50 Target – 56 Stop Loss – 47
📑 Cameco Corp (CCJ US): Potential growth of Uranium prices
BUY Entry – 50 Target – 56 Stop Loss – 47
➡️ Read More: https://www.kgieworld.sg/research/oct11us24
@kgisg