CGS-CIMB Research Securities

“We remain positive on [iFast] as it is a profitable fintech player, has a proven track record of growing its AUA,” say CGS-CIMB analysts

Consumer loans were down 2.8% y-o-y, while business loan growth moderated to +5.4% y-o-y from +8.3% in the previous month.Total loans from the domestic banking unit – which captures lending in all currencies, but mainly reflects Singapore-dollar len

“ECR offers investors stability and growth, backed by a long lease profile and inflation-linked lease structure,” say CGS-CIMB analysts.

Here are three stocks to watch for the week: UG Healthcare Corp, Wilmar International, and Yoma Strategic Holdings.

CGS-CIMB is maintaining the property and development sector at “overweight” with CapitaLand, City Developments, and UOL as top picks after a total of 12 land sites were released by the government land sale programme (GLS) for 2H20.

CGS-CIMB analysts Lim Siew Khee and Jeremy Ng say that while the country’s GE usually have little to no impact on the stock markets, the market could be hungry for positive indicators this time round.

CGS-CIMB Research has downgraded the stock to "hold" while Maybank has maintained its "buy" call.

UG Healthcare's share price surged some 650% year-to-date, to $1.05.

The pent-up demand following the easing of lockdowns may have led to a few market-relieving real economy data points, DBS economists Baig and Chow say it would be “imprudent” to get carried away by this narrative, as there is no sight of a vaccine yet.

“We continue to like Riverstone for its attractive valuations (33% discount to Malaysia-listed glove sector average CY21F P/E of 24.7x),” says CGS-CIMB analyst Ong Khang Chuen