Yanzijiang Shipbuilding

Broker's Calls

UOBKH adds Marco Polo Marine and RH Petrogas, removes Delfi, LHN Group and Yangzijiang from October alpha picks

UOBKH’s alpha picks portfolio beat the STI by 4.7 ppts, “overcoming weak investor sentiment in September”.
Analysts positive on Yangzijiang despite forex losses thanks to strong order outlook - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on Yangzijiang despite forex losses thanks to strong order outlook

DBS and CGS-CIMB have maintained their calls while increasing target prices.

Markets

Trump hints at end to trade war; Asian stocks gain appetite on global trade optimism

SINGAPORE (Sept 30): US President Donald Trump said on Sept 25 that a deal to end a 15-month trade war with China could happen sooner than people thought and that the Chinese were making big agricultural purchases from the US, including of beef and pork.

Market Close

STI closes 0.14% lower at 2,805.52

SINGAPORE (Sept 25): Singapore stocks closed lower on Thursday, falling for the fourth consecutive session amid increased volatility in the global markets this week.
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