bullish
Singapore Market Roundup (12-Dec-2024): Morningstar Boosts SGX's Value
SUMMARY
- Morningstar's positive assessment of SGX boosts the company's value, attracting optimism from major financial institutions like Citi, Morgan Stanley, and RHB.
- Maybank's decision to maintain a 'buy' rating on Sembcorp and raise its target price follows the company's deal to import renewable energy from Malaysia, indicating confidence in its future prospects.
- DBS sells off 54,600 CLINT units for $61,152, suggesting the bank may be reallocating its investment portfolio or adjusting its positions in certain assets.
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