KGI Securities Singapore

2021-09-02 03:30:01 Here's What's Hot Today in SG
2 September 2021

MC Payment Limited (MCPP SP) shares rose by 9.1% yesterday, even though there was no company specific news. Shares could have risen due to the overall positive sentiment on digital banking and payment.

Jardine Matheson Holdings Limited (JM SP) shares rose by 4.4% yesterday after the heavy sell-off the previous day due to the MSCI Singapore Index rebalancing.

RH Petrogas Limited (RHP SP) shares rose by 3.8%. The rise in share price could have been in tandem with the recent rebound in oil prices as Hurricane Ida disrupted US oil production and gasoline supplies.

Golden Energy & Resources Limited (GER SP), Geo Energy Resources Limited (GERL SP) shares rose by 3.2% and 4.3% respectively. The rise in share price could be due to the rise in coal prices.


Read more: https://www.kgieworld.sg/research/2sepsg
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@kgisg Open / Comment

2021-09-02 03:22:01 Top Stories, 2 September 2021

1. OPEC+ sticks with planned supply hike as oil demand improves
https://www.kgieworld.sg/research/ig4z

2. HKEX’s MSCI China Free Net (USD) Index Futures contract provides a tool for investors to trade and manage their exposure in the Chinese equity market.
The MSCI China Free Index includes large and mid-cap Chinese companies listed globally such as Alibaba, Tencent, Meituan Dianping etc.
Find out more: https://www.kgieworld.sg/research/hkexmcf

3. Corn, soy extend declines as Ida hobbles U.S. exports
https://www.kgieworld.sg/research/tm6a

4. NZD/USD pauses four-day uptrend towards 0.7100 on coronavirus fears
https://www.kgieworld.sg/research/orcv

5. China’s economic recovery continues to stall as factory activity contracts for first time since April 2020
https://www.kgieworld.sg/research/q87r

6. Asian Stocks Eye Steady Open After U.S. Tech Gains: Markets Wrap
https://www.kgieworld.sg/research/acx0
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@kgisg Open / Comment

2021-09-01 11:57:51 Watch Now: KGI’s Call For The Day

9618 HK JD.com

@kgisg Open / Comment

2021-09-01 03:50:05 Top Stories, 1 September 2021

1. OPEC+ Meets With No Sign of Deviating From Planned Output Hikes
https://www.kgieworld.sg/research/lcsl

2. HKEX’s MSCI China Free Net (USD) Index Futures contract provides a tool for investors to trade and manage their exposure in the Chinese equity market.
The MSCI China Free Index includes large and mid-cap Chinese companies listed globally such as Alibaba, Tencent, Meituan Dianping etc.
Find out more: https://www.kgieworld.sg/research/hkexmcf

3. Gold Price Forecast: Bears lurking below $1,800, bulls look to US data disappointments
https://www.kgieworld.sg/research/15mf

4. Why is China’s economic outlook raising alarms after August’s non-manufacturing PMI plunge?
https://www.kgieworld.sg/research/1ws7

5. Copper Royalty Bill Clears Another Hurdle in Chile
https://www.kgieworld.sg/research/s94k

6. Asia Stocks Set to Dip on Recovery, Stimulus Risks: Markets Wrap
https://www.kgieworld.sg/research/ydmb
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@kgisg Open / Comment

2021-09-01 03:45:02 TRADING IDEAS: HONG KONG
1 September 2021

Sunny Optical Technology (Group) Co. Ltd (2382HK): Riding on a new iPhone hype
BUY Entry – 235 Target – 260 Stop Loss – 221

CNOOC Limited (883 HK): A dirt cheap stock at 6x PE and 10% dividend yield
BUY Entry – 7.7 Target – 8.5 Stop Loss – 7.5


Read More: https://www.kgieworld.sg/research/1sephk
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@kgisg Open / Comment

2021-09-01 03:30:02 TRADING IDEAS: SINGAPORE
1 September 2021

OCBC (OCBC SP): Technical support at $11.38
BUY Entry – 11.43 Target –12.40 Stop Loss – 11.00

Geo Energy (GERL SP): Cash generating machine
BUY Entry – 0.22 Target – 0.42 Stop Loss – 0.20


Read More: https://www.kgieworld.sg/research/1sepsg
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@kgisg Open / Comment

2021-08-31 14:00:03 Here's What's Hot Today in the United States
31 August 2021

Affirm Holdings (AFRM US) shares hit an all time high, soaring 46.67% to close at $99.59 after it announced a partnership with Amazon, saying that Amazon is testing Affirm’s “buy now, pay later” (BNPL) system with some customers.

Following news of Affirm and Amazon (AMZN US)’s partnership, Amazon’s stock climbed 2.15% to close at $3,421.57.

Support.com (SPRT) shares surged 46.2% in the premarket as it continued to take part in a short squeeze rally.

JinkoSolar Holding (JKS US) shares soared as much as 14.5% before closing 10.42% up at $87.65.

Apple (AAPL US) stocks climbed 3.04% to a record closing high of $153.12 after a Bernstein analyst released a report saying that Google could pay Apple approximately $15 billion this year to retain its place as the default search option on iOS.


Read more: https://www.kgieworld.sg/research/31augus
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@kgisg Open / Comment

2021-08-31 05:29:46 MSCI Singapore Index rebalancing will take place today (31 August), 30 November, and 28 February 2022. Sell off in the Singapore market today as funds lower their weighting across every stock while increasing their weighting on SEA (SE US). SEA will increase from the previous 2.09% to 9.66% today.

@kgisg Open / Comment

2021-08-31 03:50:01 Top Stories, 31 August 2021

1. Gold Price Forecast: All eyes look ahead to critical US data events
https://www.kgieworld.sg/research/nt8v

2. HKEX’s MSCI China Free Net (USD) Index Futures contract provides a tool for investors to trade and manage their exposure in the Chinese equity market.
The MSCI China Free Index includes large and mid-cap Chinese companies listed globally such as Alibaba, Tencent, Meituan Dianping etc.
Find out more: https://www.kgieworld.sg/research/hkexmcf

3. Shanghai aluminum price hits 13-year high on supply worries in China
https://www.kgieworld.sg/research/08nl

4. Asia Eyes Steady Open Amid U.S. Rally, China Curbs: Markets Wrap
https://www.kgieworld.sg/research/e8pp

5. Cobalt producers in race to cover the growing supply gap – report
https://www.kgieworld.sg/research/idk3

6. China limits children's online gaming to three hours a week to combat 'addiction'
https://www.kgieworld.sg/research/ca6r
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@kgisg Open / Comment

2021-08-31 03:45:03 Here's What's Hot Today in Hong Kong
31 August 2021

China Longyuan Power Group (916 HK). The wind power sector jumped. The company announced 1H21 interim results.

Flat Glass Group (6865 HK) shares closed at an all-time high. Shares have been up for five consecutive days.

Xinyi Solar Holdings Ltd (968 HK) shares closed at a high since February 2021. The photovoltaic sector jumped. Clean energy remains one of the few areas that investors consistently park their funds with as the uncertainties of the regulations on the technology sector continue to weigh on related stocks.

Blue Moon Group Holdings (6993 HK) shares closed at a one-month high. The company previously announced 1H21 interim results.

Pop Mart International Group (9992 HK) The company announced the first interim results after its IPO in December 2020. Revenue jumped by 116.8% YoY to RMB1.78bn.


Read more: https://www.kgieworld.sg/research/31aughk
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@kgisg Open / Comment