Covid 19

Broker's Calls

RHB upgrades SGX to ‘buy’ on high trade volumes due to Covid-19 recovery

Strong trading volume from Covid volatility bodes well for SGX.

Broker's Calls

Singpost dragged by postal backlog but elections may provide a temporary reprieve

Singpost has been hit by Covid-19, but the upcoming General Elections could provide a temporary reprieve through the mailing of election documents.

Broker's Calls

Gold loses some lustre as the greenback begins to glitter

Despite the move towards liquidity, an uncertain economy, unprecedented economic stimulus and a gradual recovery make it a good time to buy gold relatively cheaply.

Covid-19

Beijing infections rise to over 150 in China’s worst flare-up since Wuhan

A coronavirus outbreak continued to spread in Beijing, with 21 new cases announced Thursday, presenting the biggest challenge yet in China’s efforts to prevent a second wave of infections.

Broker's Calls

Consumer staples to recover after harrowing second quarter, say DBS analysts

After a tough first half (especially in 2Q20), DBS Research is confident about a rally in 2H20.

Broker's Calls

Crude demand rallies as markets slowly reopen

Economic reopening has oil markets bullish despite growing US-China tensions, but optimism may be dampened if OPEC+ decides not to roll over higher production cuts.

Broker's Calls

Analysts see silver lining despite difficult 2HFY20 for Silverlake Axis

Silverlake Axis's profits have taken a hit from Covid-19, but some analysts are drawn to its attractive valuation.

Results

Jumbo Group suffers 71.5% earnings drop

CEO Ang: The last few months were the most challenging periods in Jumbo's 33-year history
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