DBS Group Research analysts Yeo Kee Yan, Chung Wei Le and Janice Chua have recommended investors to accumulate ComfortDelGro (CDG), Dairy Farm and Singapore Telecommunications (SingTel) at bargains as these “laggard large caps”, as the team led by Yeo calls them, offer recovery potential and tra...

As the Straits Times Index (STI) turned in a “respectable performance” in the 1Q2021, PhillipCapital’s head of research Paul Chew writes that he remains positive on equity markets, in an April 1 report. This comes on the back of a pick-up in global economic momentum, as well as signs of reflat...

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Maybank Kim Eng analyst Kareen Chan and chartist Nik Ihsan Raja Abdullah believe that a new upcycle in ComfortDelGro Corp’s (CDG) share price lies ahead. The bullish outlook comes after CDG broke out of its consolidation at $1.72, with the analysts opining that the consolidation is likely at the t...

THE following companies saw new developments that may affect trading of their securities on Thursday:

ComfortDelGro (CDG) has partnered French energy giant ENGIE to jointly bid for tenders in the green electric vehicle (EV) charging field. Both companies will also explore and deploy clean energy solutions together. The pair have already jointly submitted a bid for a pilot tender called by the Urban ...

SINGAPORE: Transport operator ComfortDelGro has partnered French energy company Engie to jointly bid for a tender to install and operate electric vehicle charging points at public car parks. The two companies will also “explore and deploy clean energy solutions together”, they said in a joint ...

TRANSPORT operator ComfortDelGro has partnered French energy company Engie to jointly bid for electric vehicle (EV) charging tenders, as well as to explore and deploy clean energy solutions, the firms said in a joint release on Wednesday.

Maybank Kim Eng analyst Thilan Wickramasinghe expects more restructuring exercises on the horizon, particularly amongst large-cap companies pursuing asset-light strategies, though their timings will be hard to predict. Wickramasinghe notes a rising pace in restructurings in Singapore due to str...

As distancing measures are set to ease on April 5, DBS Group Research analyst Alfie Yeo expects stocks exposed to domestic consumption to benefit. To this end, Yeo has kept “buy” on ComfortDelGro (CDG), Koufu, Sheng Siong Group and Dairy Farm International. “We are positive on CDG for increase...