Markets & Investing

Gold demand at a record high

Guess what drove gold demand to grow 0.4% to 4,0671.1 tonnes, a level not seen since 1997. Read ››

Residential headwinds ahead for CapitaLand

Analyst expects anemic Chinese residential sales amidst buyer restrictions. OCBC Investment Research said: CapitaLand Ltd (CAPL) reported 4Q11 PATMI of S$476.6m, down 20% YoY. Read ››

Improvements likely for Olam: OCBC

Net profit of US$1b is targeted by fiscal year 2016. Read ››

Silver lining found for ASL Marine

Analyst notes order book is looking good following a 24.3% profit decline. Read ››

Overseas contracts bring good news to TEE

Analyst says TEE’s current outstanding order book is already tilted more towards overseas projects versus local ones. Read ››

SATS earnings expected to remain lackluster

Good news is prospects of deployment of cash or a higher than expected payout may support share price. Read ››

Wild volatility ahead for Strait Times Index

The main stock market benchmark is expected to swing erratically between the 2,500-3,180 range. Read ››

Has gold lost its investment sheen?

Prices are steadily creeping up but HSBC makes the case for taking long positions. Read ››

What can the Petrobras drillship order do for Sembcorp Marine?

It will obviously provide SMM the initial impetus to establish its foothold in the local Brazilian market - but this is just one benefit. Read ››

Demand for equities expected to remain structurally weak

Strategists cited prolonged risk aversion, regulatory changes, and deteriorating demographics as factors. Read ››

Pounce on the turnaround plays: DBS

Which five stocks could bring a handsome payoff given the declining global risks? Read ››

Markets Mid-day Briefing – Fri Feb 3, 2012

So far in Asia, Singapore has topped the gainers with a 0.8% rally. Read ››

Valuetronics exceeds expectations

Management nonetheless remains cautious on rising cost pressures and the uncertain macroeconomic landscape. Read ››

SilkAir doing much better than parent SIA: CIMB

This as long-haul operations have been pressured by demand weakness in Europe and the US. Read ››

If you're not a StarHub stockholder yet, perhaps it's time to be one

Analyst says StarHub was the best performing telco stock in 2011. Read ››

FCOT's average occupancy rate still high at 97.6%

Frasers Commercial Trust's 1QFY12 results were in line with OCBC's expectations. Read ››

In SGX who's the king of net cash?

An investment holding company beat out all other SGX-listed firms in a new AmFraser ranking. Read ››

Arrivals for CDLHT will hold up in 2012, says analyst

Among the cited factors were a larger dependence on Asian travelers and resilient Asian consumption. Read ››

RWS has yet to reach full potential: CIMB

That is until it has sufficient accommodation, more complete product offerings and a boost from the company’s marketing efforts. Read ››

CRCT income not fully optimized: DBS

Which of its two retail properties have room for improvement via additional works and tenant re-mixing? Read ››

Micro-Mechanics performance falls below expectations: OCBC

Profit plunged more than 50% year on year and almost 40% quarter on quarter. Read ››

Why so bullish on Keppel Corp stock?

Three driving factors will lift the stock and may even lead to a re-rating, says DBS. Read ››

Ezion cements $93.5M service rig contract

This latest deal to deploy a service rig in North America may boost multi-year EPS, says DMG. Read ››

How CapitaCommercial Trust is surviving the slowdown

The trust wields a few trump cards to counteract declining occupancy in its office spaces. Read ››

Suntec REIT results decent: OCBC

There were improvements in occupancy amidst negative rental reversions in Suntec REIT’s office portfolio. Read ››

Apple suppliers in Singapore to reap fruits

It's good news for suppliers as sales of Apple’s iPhone 4S exceeded expectations. Read ››

Previous uncertainties for Tiger are starting to dissipate: CIMB

Quarterly losses are expected to narrow and profitability to return in FY14. Read ››

CapitaCommercial Trust’s distributable income down 3.7% to S$212.8m

And topline came in at S$361.2m, tracking closely to OCBC’s expectations of S$362.7m. Read ››

Keppel Land's roadblocks in 2012

Deflated demand will cripple one of its residentiial segments, and put pressure on prices and office rentals. Read ››

Shops back at Causeway Point after renovation exodus

Frasers Centrepoint Trust’s 1QFY12 revenue climbs up by 30% YoY as occupants go back to renting space inside the mall. Read ››

Keppel stays strong with US$8b orderbook

DBS is confident that Keppel can secure a minimum of US$6 billion in new orders in FY12. Read ››

SMRT’s dividends risky in 2012: DBS

DBS projects SMRT’s net profit to plunge to S$137m in FY12, and its growth to register a paltry 1% in FY13. Read ››

Robust year ahead for Ascendas REIT

As positive rental reversions of 6% - 28% were achieved across all its industrial subsectors in 3Q12. Read ››

Tough year ahead for SGX

Analyst says the bourse’s weak performance came as no surprise. Read ››

M1 results mostly in line: OCBC

The telco is favored for its defensive earnings and greater NBN potential. Read ››

StarHub could miss profit target: KimEng

Telco's strong iPhone sales could have eaten away its 4Q11 margins. Read ››

Sembcorp Marine buoyed by positive sentiment: OCBC

Sembcorp Marine’s stock is expected to outperform its closest peer, Keppel Corporation. Read ››

Luckier than ever: CIT’s DPU seen to shoot up by 12% in 2012

2012 is bound to be “one of the most exciting years” for Cambridge Industrial Trust since listing in FY06, according to an analyst. Read ››

Lian Beng steady, says Kim Eng

The company is on track to meet analyst’s 12.5% growth forecast. Read ››

Singapore Markets Morning Briefing - what you need to know for Fri Jan 13, 2012

Singapore finds support from Nikkei strength and Wall Street gains. Read ››