10392
A place for the Singapore investment community to share information, research and updates.
Maybank IBG Kopi-O (12 Dec 2024)
The KLCI slipped again by 0.36% as hospital counters experienced a sharp decline following the recent hike in insurance premiums. Both KPJ (-9.20%) and IHH (-3.76%) faced significant selling pressure. There was however renewed interest in the technology sector (+0.50%) in the afternoon session, driven primarily by semiconductor stocks. Our top picks in the tech sector are DNEX (+12.68%) and SAMAIDEN (+2.50%), both of which are featured in today’s Traders’ Almanac.
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
[PREMIUM CONTENT] How these two Asian Tigers can roar together again
Read: https://link.theedgesingapore.com/rY9iRxysWjBKW9xs9
Download our app: edgesg.link/appdl
Five stories to start your day:
1. Forest City manages to attract family offices; Johor continues to attract investments
2. HSBC’s CEO eyes $3 bil in potential savings from overhaul
3. Making money becomes easier with gender lens in mind: DBS chief economist
4. Addvalue builds orderbook to US$15.3 mil on additional US$1.5 mil order
5. Trek 2000 shareholder Ron Sim sends former chairman Henn Tan letter of demand
📰 Follow us on @theedgesg for market-moving news and the latest headlines.
CNBC Television (Youtube)
The utilities sector is in a supercycle, says Sempra CEO Jeffrey Martin
Sempra Chairman and CEO Jeffrey Martin joins 'Mad Money' host Jim Cramer to talk quarterly results, competition in the space, the state of the utilities sector and more.
Technical Analysis: 12 December 2024
🇸🇬 SG
Thai Beverage PCL (THBEV SP)
Yangzijiang Financial Holding Ltd (YZJFH SP)
🇭🇰 HK
TCL Electronics Holdings Ltd (1070 HK)
China Telecom Corp Ltd (728 HK)
Read More: https://www.kgieworld.sg/research/dec12ta24
@kgisg
Wealth Product Ideas 🌱
12 December 2024
🏢 Defiance Large Cap Ex-Magnificent Seven ETF (XMAG US)
🌐 iShares A.I. Innovation and Tech Active ETF (BAI US)
Read More: https://www.kgieworld.sg/research/dec12wpi24
IFC, HSBC ink US$1 billion risk-sharing facility to boost trade financing in emerging markets
https://www.businesstimes.com.sg/international/global/ifc-hsbc-ink-us1-billion-risk-sharing-facility-boost-trade-financing-emerging-markets
Maybank IBG Traders’ Almanac
(12 Dec 2024) - Interest emerges in semiconductor plays
Technical Trading Ideas💡for today:
1️⃣ DAGANG NEXCHANGE BERHAD – 4456 (S)
2️⃣ SAMAIDEN GROUP BERHAD – 0223 (S)
3️⃣ SMRT HOLDINGS BERHAD – 0117 (S)
4️⃣ CPO FUTURES (CP: MYR 4,958)
5️⃣ KLCI INDEX FUTURES (CP: 1,599.50)
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
Ron Sim sends legal letter of demand to Trek 2000’s current and former chairmen
https://www.straitstimes.com/business/companies-markets/ron-sim-and-osim-send-legal-letter-of-demand-to-trek-2000s-current-and-former-chairmen
IFC, HSBC inks US$1 billion risk-sharing facility to boost trade financing in emerging markets
https://www.businesstimes.com.sg/companies-markets/ifc-hsbc-inks-us1-billion-risk-sharing-facility-boost-trade-financing-emerging-markets
Dagang NeXchange & Gamuda Team Up for Google Cloud JV
Dagang NeXchange (DNEX) shares surged 12.7% yesterday
following the announcement of a 50:50 joint venture (JV) with Gamuda (GAMUDA) to provide Google Cloud services in Malaysia. GAMUDA shares hit an all-time high, closing at MYR9.65, up 1.3% yesterday.
DNEX will oversee relationship engagements and business facilitation, while GAMUDA brings technical expertise in AI and cloud technologies.
The JV targets Malaysia’s MYR11 billion cloud services market and will be the exclusive provider of Google Distributed Cloud services in the country.
Investors bullish on the news may consider DNEX-C34 and GAMUDA-C2U for leveraged exposure at a fraction of the share price!
#WarrantsWatch
ServiceNow restructures RiseUp workforce training programme, cuts staff
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/servicenow-restructures-riseup-workforce-training-programme-cuts-staff
CNBC Television (Youtube)
Watch CNBC's full interview with Andreessen Horowitz Partner Katherine Boyle
CNBC's Morgan Brennan speaks with Andreessen Horowitz's Katherine Boyle in an exclusive interview at the Reagan National Defense Forum. They discuss the rapid evolution of defense startups, the influence of companies like SpaceX and Palantir, and the growing appeal of government service among tech leaders. Boyle also shares insights on emerging investment opportunities in energy and her optimism for a new era of innovation and collaboration between Silicon Valley and Washington.
CNBC Television (Youtube)
Uranium miners well positioned to benefit from growing demand, says Sprott's John Ciampaglia
John Ciampaglia, Sprott Asset Management CEO, joins 'Fast Money' to talk the uranium market and how it could benefit from global power demands.
Bank of America promotes 387 employees to managing director: source
https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-america-promotes-387-employees-managing-director-source
Curated Headlines for 12 December 2024
South China Morning Post
China’s CATL to build US$4.3 billion EV battery plant in Spain with Fiat owner Stellantis
Joint venture received support from the Spanish government, which abstained in the EU’s October vote to impose extra tariffs on Chinese-made EVs
https://www.scmp.com/business/china-business/article/3290268/chinas-catl-build-us43-billion-ev-battery-plant-spain-fiat-owner-stellantis?module=top_story&pgtype=section
Hong Kong stocks slide as China begins tone-setting economic conference
Investors are hungry for more detailed policy measures after a readout from a Politburo meeting earlier this week hinted at broader stimulus
https://www.scmp.com/business/china-business/article/3290246/hong-kong-stocks-advance-china-begins-tone-setting-economic-conference?module=top_story&pgtype=section
Chinese AI developer SenseTime seeks US$358 million from stock placement to fund expansion
The Shanghai-based tech firm is selling the shares at a 6.3 per cent discount to bolster GenAI development and outpace rivals
https://www.scmp.com/business/china-business/article/3290277/chinese-ai-developer-sensetime-seeks-us358-million-stock-placement-fund-expansion?module=top_story&pgtype=section
The Business Times
Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/adobe-forecasts-fiscal-2025-revenue-below-estimates-slower-subscription-spending
US: Stocks mixed, Nasdaq closes above 20,000 for first time
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-mixed-nasdaq-closes-above-20000-first-time
Hershey’s main owner rejects Mondelez’s offer as too low
https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/hersheys-main-owner-rejects-mondelezs-offer-too-low
The Wall Street Journal
Strengthening Inflation Poses Challenge for Trump, Fed
Inflation ticks up to 2.7%, a sign that the path to bringing down price pressures remains bumpy
https://www.wsj.com/economy/cpi-report-inflation-november-interest-rate-d2520eaa?mod=hp_lead_pos2
Albertsons Sues Kroger, Terminates Merger After Judge Blocks Supermarket Megadeal
Albertsons accuses rival of not doing enough to win approval for $20 billion deal; Kroger says claims baseless
https://www.wsj.com/business/retail/albertsons-says-it-is-terminating-merger-agreement-with-kroger-794193ec
Barron’s
Google Cloud Could Be a Surprise Winner in the AI Spending Race
https://www.barrons.com/articles/ai-stock-winners-alphabet-googl-nvidia-4eafd94f?mod=hp_minor_pos24&_gl=1*1mqne3u*_gcl_au*MTAwNDk0NjUyNS4xNzMxOTczMzQy*_ga*ODQ0MDY0MDUxLjE3MTU4MTcyMTQ.*_ga_K2H7B9JRSS*MTczMzk1ODcxOS4xNS4xLjE3MzM5NTk3MDguNTAuMC4w
Bull markets don't typically last just a couple of years
Читать полностью…
CNBC Television (Youtube)
Jim Cramer talks what is behind the Magnificent 7 rally
'Mad Money' host Jim Cramer looks at Big Tech's record day and talks what is behind the move higher.
Insurer Income sets up new financial advisory unit and is ‘actively recruiting’: sources
https://www.businesstimes.com.sg/companies-markets/banking-finance/insurer-income-sets-new-financial-advisory-unit-and-actively-recruiting-sources
Stocks to watch: Del Monte Pacific, Trek 2000 International
https://www.businesstimes.com.sg/companies-markets/stocks-watch-del-monte-pacific-trek-2000-international
Top Stories, 12 December 2024
1. Stock futures are flat after Nasdaq notches record close above 20,000: Live updates
https://www.kgieworld.sg/research/hghi
2. Trade COMEX Gold futures and options contracts for a globally relevant, liquid financial instrument to help you hedge against inflation.
Find out more:
https://www.kgieworld.sg/research/CME_Gold
3. Global shares, greenback rise as inflation data reinforce rate cut expectations
https://www.kgieworld.sg/research/axc8
4. China’s Weaker Yuan Sends Ripples Across Emerging Market Currencies
https://www.kgieworld.sg/research/75x6
5. Oil settles up US$1 as EU agrees further sanctions threatening Russian oil flows
https://www.kgieworld.sg/research/s6qr
6. NZD/USD posts modest gains to near 0.5800 as Trump trade risks loom
https://www.kgieworld.sg/research/o9tu
-
Stay Connected with KGI
Find out how: https://www.kgieworld.sg/futures/kgi-subscribe
A Misconception About Investing Risk and Market Volatility
https://stestocksinvestingjourney.blogspot.com/2024/10/a-misconception-about-investing-risk.html
Sticky US inflation gives Fed green light for December, yellow for 2025
https://www.straitstimes.com/business/economy/sticky-inflation-gives-fed-green-light-for-december-yellow-for-2025
HSBC, World Bank's IFC launch $1 billion trade finance programme for emerging market
https://www.channelnewsasia.com/business/hsbc-world-banks-ifc-launch-1-billion-trade-finance-programme-emerging-market-4802031
Blackstone keen to boost Nippon Life ties after Resolution deal
https://www.businesstimes.com.sg/companies-markets/banking-finance/blackstone-keen-boost-nippon-life-ties-after-resolution-deal
Best Fixed Deposit Rates in Singapore [Dec 2024]
https://growbeansprout.com/singapore-best-fixed-deposit-rate
MicroStrategy’s Bitcoin play raises questions about Nasdaq 100 inclusion
Read: https://link.theedgesingapore.com/EYBfxehAiedTAC447
Follow us on: @theedgesg
CNBC Television (Youtube)
Final Trade: URNM, CCJ, BA, UBER
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders.
CNBC Television (Youtube)
A look inside the world's highest grade uranium mine
CNBC's Pippa Stevens 'Fast Money' with a peek inside the world's highest grade uranium mine.
Elon Musk’s net worth tops US$400 bil, a historic first
Read: https://link.theedgesingapore.com/mJwrQnEhkRUZS5Up9
Follow us on: @theedgesg