Following part 1 and part 2 coverage of our 4-part series on CIMB’s Malaysia strategy, we follow up with part 3 of the series focusing on stocks that are set for a bumper year in 2018 even with the market uncertainty.
Following our first part coverage of our 4-part series on CIMB’s Malaysia strategy, we follow up with part 2 of the series focusing on stocks that have strong presence in Malaysia.
May has been an eventful month for the Malaysian market: The Kuala Lumpur Composite Index posted a record high of 1,895 points to Pakatan Harapan’s historical win against the incumbent Barisan Nasional. With new Prime Minister Dr. Mahathir pledging to reopen the 1MDB case and review all national projects during Datuk Najib’s time, 2H18 could be a volatile time for the market.
So, how did the three local banks fare in 1Q18?
REIT is a popular category for Singaporean investors. With the Fed in the early cycle of its rate hike cycle, investors are getting worried about the prospects of the REIT they own. How should investors be investing in REITs in a rate hike environment?
Following a strong performance in the Singapore stock market to date, investors are finding it difficult to look for decent-priced stocks to add to the portfolio. Here, we highlight five of UOBKH’s latest stock pick recommendations for the month of May that are touted to have room for its share price to run.
The general consensus in the market is to ‘Sell In May And Go Away’. While DBS does not think that the stock market is going down in 2018 (having just raised its year-end estimate of STI to 3,850), DBS thinks that the near-term performance of the Singapore market might take a slight dip.
Several industries in Singapore are going through a period of rapid change brought about by shifts in technologies, competition and government policy. According to Daiwa Capital Markets, these shifts will bring about new phases of growth for some of the Singapore-listed stocks. If you are an investor looking for exposure to growth in your portfolio, here are three stocks that Daiwa recommends.
With STI now leading the race as Asia’s top performing market index, the market is starting to be concerned about overvaluation. However, there are still some blue chips that have yet to hit its peak. Here are four blue chips that Daiwa Capital Markets thinks will continue to prosper and help investors make alpha return in the second half of 2018.
From a top-down investment approach, Daiwa Institute of Research recommends taking positive positions on emerging markets for three reasons: Gradual Fed policy normalisation; Strong commodity and trade cycles; and deep valuation discount. These three reasons will drive the Asian reflation story. There are four sectors that Daiwa highlights as the inflation group: Financials, energy, materials and consumer discretionary sectors. Daiwa notes that these sectors are displaying superior earnings momentum than the general market.