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Keppel REIT reported strong revenue growth during its latest earnings results and with an attractive dividend yield of 6.5%, the REIT continues to offer potential for your investment portfolio. However, there are also some key risks to keep an eye on with uncertainty linger over the US Fed rate path going forward. Click here to read the key takeaways for investors and find out if it's the right fit for your portfolio.

Stock with Momentum: Bumitama Agri

Bumitama Agri Ltd (SGX: P8Z) has been identified as a ‘technical buy’ due to recent price action signaling a potential upward correction, which may indicate the beginning of an upward trend.

Explore our recommended target prices here.

Investing in Tesla before its earnings report presents growth potential due to rising revenue and innovation, but also significant risks from declining profits and uncertainty around new products.

🔎Find out more here!

🚀 Latest Market Trends from the SGX Daily Momentum Report (Oct 22, 2024)

Wee Hur Holdings Ltd (SGX:E3B) experienced a notable 10.5% increase in share price, with trading volume surging 275.9% above its 10-day average. The stock closed at S$0.475, marking its highest level since 2013. Wee Hur is presently engaged in early-stage confidential discussions with a third party about its purpose-built student accommodation business in Australia, which “may or may not lead to a transaction.”

Keppel DC REIT (SGX:AJBU) continues its upward trend, closing at S$2.31, the highest since January 2022. The REIT secured its second positive rental reversion of over 40% on a lease renewed with a major tenant in Singapore, along with positive reversions on leases renewed in Australia, Dublin, and Amsterdam during Q3 2024.

For the full SGX report, click here.

Stock with Momentum: Q&M Dental Group

Q&M Dental Group is marked as a ‘technical buy’ due to its formation of higher highs and lows, maintaining a strong position within the uptrend channel.

Discover our suggested target prices for this stock here.

Earnings season has started, with companies like Tesla and Boeing reporting results. Low expectations mean that exceeding them could boost stocks significantly, while misses may lead to declines. Investors should monitor these reports and keep a diversified portfolio to manage volatility.

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The S&P 500 has paused after a six-week winning streak, indicating potential short-term dips. This correction is normal and may offer buying opportunities. Investors should monitor upcoming earnings reports and consider buying during dips.

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This week, the US stock market focuses on major earnings reports from Tesla, Boeing, and Lockheed Martin, with Tesla under pressure after a stock decline. Economic indicators like PMI readings and Japan's CPI will also impact market sentiment.

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This week, the Singapore market will highlight earnings reports from major REITs and key economic data, including inflation and industrial production, which will shape investor sentiment. Global economic developments may also influence local markets.

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Tesla unveils the Cybercab and Robovan, aiming to revolutionize autonomous transport. Will they meet ambitious timelines?

Tesla’s vision for affordable self-driving vehicles is exciting, but challenges lie ahead.

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🚀💡 #Tesla #AutonomousVehicles #FutureOfTransport #Cybercab #Robovan #SelfDriving #TechNews

TSMC's Q3 earnings show impressive growth driven by AI demand and global expansion plans. 📊 Curious about what’s next for one of the world’s top chipmakers? Click on link to read these 5 key takeaways!

https://www.prosperus.asia/stocks/us-stocks/5-key-takeaways-from-tsmcs-q3-2024-earnings-ai-demand-and-global-expansion-fuel-growth/

A Trump win in 2024 could benefit energy companies, regional banks, and crypto stocks, creating investment opportunities as policies shift.

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Singapore's stock market is thriving, driven by S$1.4 billion in institutional investments, strong performances from key stocks, and a resurgence in S-REITs, suggesting a positive outlook for continued growth despite retail investor caution.

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Stock with Momentum: CapitaLand Ascendas REIT

CapitaLand Ascendas REIT (SGX: A17U) is designated as a ‘technical sell’ due to its price action exhibiting a more significant corrective structure.

The stock has broken below the support-turned-resistance level at S$2.89, confirming the bearish reversal pattern.

Discover suggested entry prices, stop loss level, and target prices here.

Singapore's GDP grew 4.1% in Q3 2024, fueled by a strong 7.5% rebound in manufacturing.
Investors should focus on manufacturing and stable services companies, while maintaining a long-term investment perspective amidst global risks and inflation concerns.

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Bitcoin at $65K: Explore US Stocks with Crypto Exposure

As Bitcoin reaches $65K, several US companies are closely tied to the cryptocurrency market. If you're interested in gaining indirect exposure, explore these five US stocks that could be impacted by Bitcoin’s movements.
Remember to assess the risks and invest wisely.

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US Market Week Ahead: Retail Sales Data and Key Financial, Consumer 3Q Earnings

This week, the spotlight is on September retail sales data and third-quarter earnings from major financial and consumer companies like Bank of America Corp (NYSE:BAC), Goldman Sachs Group Inc (NYSE:GS), and Netflix Inc (NASDAQ:NFLX).

Additional September economic reports, including building permits, industrial production, and import/export prices, will provide further insights into the state of the economy.

Read more here.

Singapore Market Week Ahead: Updates on Economic Performance, Policy, and REITs

This week, the markets will be buzzing with discussions on the latest monetary policy decision by MAS and the 3Q GDP advance reading released on Monday.

Additionally, investors will be assessing quarterly results from several REITs, including Parkway Life REIT, Keppel DC REIT, and Sabana Industrial REIT.

Stay informed with this article on the key data releases in Singapore for the week ahead.

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🚀 Latest Market Trends from the SGX Daily Momentum Report (Oct 11, 2024)

Dyna-Mac Holdings Ltd (SGX:NO4) saw a jump in trade volume, up 537.6% compared to its 10-day average. The share price rose by 3.2%, closing at an all-time high of S$0.65. This followed the estate of Dyna-Mac’s founding shareholder questioning Hanwha Group’s offer of S$0.60 per share for lacking an “attractive control premium.” Investors appear to be anticipating a higher offer from Hanwha.

Trans-China Automotive Holdings Ltd (SGX:VI2), a China-based car dealership, experienced a 5.2% drop in share price following a significant rise the previous day, indicating some volatility.

ComfortDelGro Corporation Ltd (SGX:C52) saw a moderate increase in trade volume, 176.6% above its 10-day average, though its share price remained unchanged. SATS Ltd (SGX:S58) faced a 4.2% decline in share price amidst increased trading activity.

For the full SGX report, click here.

Stock with Momentum: Nam Lee Pressed Metal Industries

Nam Lee Pressed Metal Industries Ltd (SGX: G0I) is showing promising signs of a bullish rebound. The stock has broken out of its downtrend line with strong, rising volume, making it a ‘technical buy.’

Explore suggested entry prices, stop-loss level, and target prices here.