Key Indices
Top Stories
Strategy | Singapore SMID Cap Corporate Day Takeaways
- Pan-United, Hong Leong Asia and Huationg Global participated in the Singapore SMID Cap Day on 21 Oct 26. Discussions centred on Singapore's construction upcycle, diesel cost pass-through, orderbook visibility and HLA's AI data centre genset opportunity. The meetings confirmed our positive view on the construction upcycle. We have BUY recommendations on all three names.
Market Spotlight
- US stocks were higher on Monday. All indices rose as information technology, industrials and consumer discretionary sectors gained. There were more advancers than decliners on NYSE and NASDAQ.
- The FSSTI fell 6.25 points to 5,415.91, on the back of weakness in DBS, OCBC Bank and SATS. Both mid- and small-cap indices fell, with a broad market decline on S$1.36b turnover.
Technical Analysis
Jardine Matheson Southeast Asia (JCNC SP)
Trading Buy Range: S$23.15-23.16
Singapore Telecommunications (ST SP)
Trading Buy Range: S$4.14-4.15
Top Stories
Strategy | Singapore SMID Cap Corporate Day Takeaways
- Pan-United, Hong Leong Asia and Huationg Global participated in the Singapore SMID Cap Day on 21 Oct 26. Discussions centred on Singapore's construction upcycle, diesel cost pass-through, orderbook visibility and HLA's AI data centre genset opportunity. The meetings confirmed our positive view on the construction upcycle. We have BUY recommendations on all three names.
Market Spotlight
- US stocks were higher on Monday. All indices rose as information technology, industrials and consumer discretionary sectors gained. There were more advancers than decliners on NYSE and NASDAQ.
- The FSSTI fell 6.25 points to 5,415.91, on the back of weakness in DBS, OCBC Bank and SATS. Both mid- and small-cap indices fell, with a broad market decline on S$1.36b turnover.
Technical Analysis
Jardine Matheson Southeast Asia (JCNC SP)
Trading Buy Range: S$23.15-23.16
Singapore Telecommunications (ST SP)
Trading Buy Range: S$4.14-4.15
Key Indices
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