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Bank of America (BofA) Securities
Global Markets
France becomes Europe’s least-preferred stock market, says BofA
The fallout from President Emmanuel Macron’s decision to call a snap election has made French stocks the least popular in Europe.
June 18, 2024
Broker's Calls
Analysts keep ‘buy’ and ‘hold’ calls on UOB after 1QFY2024 earnings exceed expectations
Analysts from Maybank, OCBC and RHB have increased their target price estimates.
May 13, 2024
Singapore news
Analysts make monetary policy and inflation predictions after lower-than-expected March numbers
Analysts expect Singapore's core inflation to come in around 2.8% to 3.1% for the full year.
April 25, 2024
Singapore economy
Analysts mostly keep Singapore’s GDP estimates for 2024 despite softer-than-estimated 4Q2023 growth
Analysts have kept their estimates to range between 2% to 3%, while BofA has upped its estimate to 2.6% from 2.3% previously.
February 15, 2024
China Focus
BofA warns China property slump to hit deals; favours Japan
BofA's Martin Siah is also positive on the “heavily oversold” S-REIT sector.
December 12, 2023
Banking & finance
DBS offers better risk-reward with NIM and dividend
Based on the results of the local banks, DBS Group Holdings’ 2QFY2023 ended June results exceeded the expectations of analysts.
August 10, 2023
Company in the news
SingPost appoints BofA Securities as financial advisor for strategic review
The review will focus on SingPost's transition to a logistics business over time.
July 17, 2023
Broker's Calls
GoTo's risk-reward balanced, BoFA initiates 'neutral' with TP of IDR125
The analysts find GoTo to be fairly valued, in context of its fundamentals.
July 04, 2023
Singapore economy
Bank of America estimates Singapore's 2022 GDP to grow 5.2%; country to punt on wealth taxes this year
Singapore's budget, to be released Feb 18, will be closely watched for details on bolstering government revenues, says BofA.
January 19, 2022
Cryptocurrency
Bitcoin at US$50,000 as BofA says 'too large to ignore'
Bank of America says more regulation could be a positive for crypto in the long run.
October 06, 2021