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Brokers' take: OCBC downgrades HPH Trust to 'sell'; DBS maintains 'hold'OCBC Investment Research has downgraded its call on Hutchison Port Holdings Trust (HPH Trust) from 'buy' to 'sell', on the back of an unexpected HK$12.3 million (S$2.1 million) non-cash impairment loss, while DBS Group Research has maintained its 'hold' rating on the counter, with a target price of US$0.26. Read more at The Business Times.
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Brokers' take: RHB upgrades ComfortDelGro to 'buy'; CGS-CIMB, DBS maintainFOLLOWING ComfortDelGro's announcement of higher earnings for 2018, RHB Research Institute has upgraded ComfortDelGro from 'neutral' to 'buy', while CGS-CIMB and DBS are maintaining their 'add' and 'buy' calls on the stock, respectively. Read more at The Business Times.
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Brokers' take: CGS-CIMB upgrades SATS to 'add', Citi, DBS maintain 'buy'CGS-CIMB has upgraded SATS to 'add', while Citi and DBS Group Research maintained at 'buy'. Read more at The Business Times.
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Hot stock: ThaiBev shares surge 9.03% on back of stellar Q1 results; DBS maintains 'buy'SHARES for Thai Beverage (ThaiBev) shot up around 9.03 per cent or 6.5 Singapore cents after trading counters opened on Friday when it traded at 78.5 cents at 9.08am, hitting a six-month high. Around 26.7 million shares changed hands. Read more at The Business Times.
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Eight in 10 SMEs expecting more business incentives in Budget: DBS pollEIGHT in 10 small and medium enterprises (SMEs) in Singapore are expecting more business incentives in the upcoming Budget, looking to the government for a leg-up in supporting their business growth, according to a DBS survey conducted over the last week. Read more at The Business Times.
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Eight in 10 SMEs expecting more business incentives: DBS pollEIGHT in 10 small and medium enterprises (SMEs) in Singapore are expecting more business incentives in the upcoming Budget, looking to the government for a leg-up in supporting their business growth, according to a DBS survey conducted over the last week. Read more at The Business Times.
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DBS Q4 net profit rises 10% to S$1.32bDBS Group Holdings reported a 10 per cent increase in net profit after one-off items to S$1.32 billion for the fourth quarter, up from S$1.19 billion the year before. While business momentum remained healthy, results were “dampened” by weakness in treasury markets income, the bank said in a regulatory announcement on Monday morning. Read more at The Business Times.
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DBS Q4 net profit climbs 8%, supported by rise in net interest marginSINGAPORE: DBS Group Holdings Ltd , Singapore's biggest lender, reported an eight per cent rise in quarterly profit that came in line with market ...
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UPDATE 1-DBS Q4 profit up 8 pct, supported by rise in net interest margin
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Stocks to watch: DBS, Hyflux, iX Biopharma, Frasers Property, Challenger, CourtsTHE following companies saw new developments that may affect trading of their shares on Monday: Read more at The Business Times.
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